97: The Gilded Age’s Robber Barons: John D. Rockefeller & Andrew Carnegie
History That Doesn't Suck
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Standard Oil - Is John Rockefeller the World's Biggest Oil Refiner?
In 18 72, standard oil buys out 22 of cleveland's other 26 oil companies. This means the world's largest oil refiner also controls over one fourth of all refineries in the united states. The devout baptist claims to be an angel of mercy for refiners that would go under anyway because of standard oil superiority. Is he pressuring and unfairly breaking smaller competitors, then forcing them to accept their fate as mere feudal lords in his growing empire? His critics say it's the latter,. although the s i c never goes into play, because word the nefarious plan produces such a national outcry that the state of pennsylvania revokes its charter.
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