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Clark. In the same year the first oil well was drilled at Titusville in western Pennsylvania, give a rise to the petroleum industry. Cleveland soon became a major refining center of he booming new industry. In 1863 Rockefeller and Clark entered the oil business as refiners. With Samuel Andrews as their new partner they named the company Andrews, Clark & Co. In 1865 the partnership was broke because of disagreement in management. Rockefeller bought the Company for $72,500 and with Andrews it was named Rockefeller & Andrews.
The oil industry began to expand because of the use of kerosene lamps. Rockefeller renamed the business to Standard Oil Company when his brother William, Andrews, Henry M...
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