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exxon history

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Issue:

Business

 

Written by:

Adriana G

 

Date added:

January 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 644

 

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2270 times

 

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Essay content:

Tarbell's classic expose The History of the Standard Oil Company in 1904, leading to a growing outcry for the government to take action against the company. By 1911, with public outcry at a climax, the Supreme Court of the United States ruled that Standard Oil must be dissolved and split into 34 companies...
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In the same year, the nation's kerosene output was eclipsed for the first time by gasoline. Jersey Standard, led by Walter C. Teagle, became the largest oil producer in the world. It acquired a 50 percent share in Humble Oil & Refining Co., a Texas oil producer. Socony purchased a 45 percent interest in Magnolia Petroleum Co...
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