exxon history

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Title: exxon history

Essay Details:

Subject: Business

Author: Joshua W

Date: July 5, 2013

Level: University

Grade: B

Length: 3 / 644

Essay text:

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.(2) Two of these companies were Jersey Standard, which eventually became Exxon, and Socony, which eventually became Mobil. 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...

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