Who am i blanks brother frank was a partner in a firm competing with standard oil?
Answer:
The firm is Associated Oil and Gas, but I was not able to find the partners.
By 1890, Standard Oil controlled 88% of the refined oil flows in the United States. In 1904 when the lawsuit began it controlled 91% of production and 85% of final sales. Most of its output was kerosene, of which 55% was exported around the world. In terms of cost efficiency, Standard's plants were about the same as competitors. After 1900 it did not try to force competitors out of business by underpricing them. [Jones pp 58-59, 64] Beyond question, the federal Commissioner of Corporations concluded, the dominant position in the refining industry was due "to unfair practices-to abuse of the control of pipe-lines, to railroad discriminations, and to unfair methods of competition." [Jones pp 65-66] Gradually, its market share fell to 64% by 1911. By 1911, the Standard Oil group was in competition with Associated Oil and Gas, Texaco, Gulf Oil, and 147 independent refineries. (DiLorenzo, Thomas The ghost of John D. Rockefeller) Standard did not try to monopolize the exploration and pumping of oil (its share in 1911 was 11%). John D. Rockefeller in 1897 had completely retired from the Standard Oil Company of New Jersey, though he continued to own a large fraction of its shares. Other Questions and Answers: