![]() #3 The Big Trust was a term used in the nineteenth century to describe monopoly, and the most powerful trust was the Rockefeller-controlled Oil Trust. The most widely used lighting oil at the time, which was struck from soft coal, was dirty kerosene from petroleum was just the thing to illuminate the clean, bright new future. His company, Standard Oil, shipped a million barrels of refined oil in a single year. #2 By 1875, Rockefeller had taken control of every major refining center in the country. The first commercially viable gas-powered engine, and the ensuing addiction, were still a few generations away. Sample Book Insights: #1 The oil industry was the result of a big bang that occurred in 1859 when Edwin Drake and his hired man, Uncle Billy Smith, pulled the equivalent of maybe twenty forty-two-gallon barrels of crude oil from the ground on a good day. ![]() Please note: This is a companion version & not the original book. ![]()
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