LA Times Petroleum giant co-founded by John D. Rockefeller Crossword Puzzle Answer from December 05, 2024
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Updated Dec 05, 2024
Petroleum giant co-founded by John D. Rockefeller LA Times Crossword Clue Answer
Let’s find the answers to Petroleum giant co-founded by John D. Rockefeller LA Times for the December 05, 2024 edition of LA Times crossword puzzle. Answer Contains 11 letters. Start with S and end with L, and the possible solutions are SACRIFICIAL,SACROCOSTAL,STANDARDOIL.
Answer to the LA Times crossword clue Petroleum giant co-founded by John D. Rockefeller featured in the LA Times puzzle is STANDARDOIL.
Standard Oil was a petroleum company co-founded by John D. Rockefeller in 1870 in Ohio. It quickly grew into one of the largest and most influential companies in the world, dominating the oil industry through vertical integration and aggressive business practices.
Rockefeller's leadership made Standard Oil a symbol of both innovation and monopolistic practices, leading to public outcry. In 1911, the U.S. Supreme Court ordered the company to be broken up under antitrust laws, resulting in the creation of several smaller companies like ExxonMobil and Chevron. Despite its dissolution, Standard Oil's legacy remains pivotal in shaping the modern petroleum industry.
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