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Standard Oil Part II
Acquired
Standard Oil, Strong Suit Was Not Texas
In 18 90, standard oil was still the most powerful company in the world. But their dominance was fading at this point. And like the late 19 ots, you were already getting into a situation where there was major foreign influence. You are starting to get discoveries in texas, california. There was some standard oil crony that was so confident that there was no oil west of the mississippi, that they would drink it if anybody found any. So, standard oil, strong suit was not texas. The permian basin would become where tons of oil ended up being found.
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