Standard Oil buys Imperial Refining Company
Citations (1)
- Titan: The Life of John D. Rockefeller, Sr. whole source · open book
ight to practice business where he pleased. Nonetheless, to enforce an airtight monopoly, he needed to capture the Oil Creek refineries, if only to dismantle the least efficient ones. On January 22, 1874, he stunned local refiners by buying the Imperial Refining Company and its vast facility near Oil City. For local anti-Standard firebrands, it was a move laden with ominous symbolism. One of the cons
chapter: CHAPTER 9 - The New Monarch