Standard Oil Company

Standard Oil Company (HM2GRM)

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N 41° 37.1', W 79° 40.27'

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Inscription
John D. Rockefeller organized the Standard Oil Company in 1870. He owned wells in Titusville and Cleveland and began buying refineries in Pennsylvania and Ohio. By 1882, Standard Oil controlled 90% of the entire nation's refining capacity. The company eliminated competitors through buyouts, mergers, and railroad rebates, which were particularly hard on small businesses
Spurred in part by Titusville native Ida Tarbell's 1904 exposé of the company, the United States Supreme Court ruled Standard Oil in violation of the Sherman Anti-Trust Act in 1911. The company broke into thirty-four independent entities, many of which became the most dominant oil titans in the modern world
Details
HM NumberHM2GRM
Tags
Marker ConditionNo reports yet
Date Added Monday, May 13th, 2019 at 2:04pm PDT -07:00
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Locationbig map
UTM (WGS84 Datum)17T E 610707 N 4608254
Decimal Degrees41.61833333, -79.67116667
Degrees and Decimal MinutesN 41° 37.1', W 79° 40.27'
Degrees, Minutes and Seconds41° 37' 6.0000000000001" N, 79° 40' 16.2" W
Driving DirectionsGoogle Maps
Which side of the road?Marker is on the right when traveling North
Closest Postal AddressAt or near , ,
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