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20 - ORGANIZATIONS/PRIVATE/Standard Oil.md
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@ -16,7 +16,7 @@ summary: "Standard Oil was the John D. Rockefeller oil monopoly broken up in 191
start: 1870
location: "United States"
---
Standard Oil was the petroleum monopoly founded in 1870 by [[John D. Rockefeller]] that controlled roughly ninety percent of American oil refining before the U.S. Supreme Court ordered its dissolution in 1911 under the [[Sherman Antitrust Act]]. The breakup created successor companies, including Standard Oil of New Jersey (later Exxon), Standard Oil of New York (Mobil), and Standard Oil of California (Chevron), whose combined assets preserved the [[Rockefeller Foundation|Rockefeller]] family's financial power.[^1]
Standard Oil was the petroleum monopoly founded in 1870 by [[John D. Rockefeller]] that controlled roughly ninety percent of American oil refining before the U.S. Supreme Court ordered its dissolution in 1911 under the [[Sherman Antitrust Act]]. The breakup created successor companies, including Standard Oil of [[New Jersey]] (later Exxon), Standard Oil of New York (Mobil), and Standard Oil of California (Chevron), whose combined assets preserved the [[Rockefeller Foundation|Rockefeller]] family's financial power.[^1]
### Latin America and the Rockefeller Network