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<blockquote data-quote="wkmac" data-source="post: 351952" data-attributes="member: 2189"><p>Here's the tip of the iceberg to consider. Standard Oil literally created an American monopoly regarding oil and the many "do-gooders" in the world who advocate <u>all things gov't</u>, are of course thinking, <u>all things good</u> but consider this point.</p><p></p><p>Standard Oil was broken up from it's evil monopoly but how was it broken up? Ever heard the term Seven Sisters outside of astronomy? For your viewing pleasure!</p><p></p><p>The successor companies from Standard Oil's breakup form the core of today's US oil industry. (Several of these companies were considered among the <a href="http://en.wikipedia.org/wiki/Seven_Sisters_%28oil_companies%29" target="_blank"><u><span style="color: #0000ff">Seven Sisters</span></u></a> who dominated the industry worldwide for much of the twentieth century.) They include:</p><ul> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_New_Jersey" target="_blank"><u><span style="color: #0000ff">Standard Oil of New Jersey</span></u></a> (SONJ) - or <a href="http://en.wikipedia.org/wiki/Esso" target="_blank"><u><span style="color: #0000ff">Esso</span></u></a> (S.O. or Eastern States, Standard Oil) - renamed <a href="http://en.wikipedia.org/wiki/Exxon" target="_blank"><u><span style="color: #0000ff">Exxon</span></u></a>, now part of <a href="http://en.wikipedia.org/wiki/ExxonMobil" target="_blank"><u><span style="color: #0000ff">ExxonMobil</span></u></a>. Standard Trust companies Carter Oil, <a href="http://en.wikipedia.org/wiki/Imperial_Oil" target="_blank"><u><span style="color: #0000ff">Imperial Oil</span></u></a> (Canada), and Standard of Louisiana were kept as part of Standard Oil of New Jersey after the breakup.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_New_York" target="_blank"><u><span style="color: #0000ff">Standard Oil of New York</span></u></a> - or <a href="http://en.wikipedia.org/wiki/Socony" target="_blank"><u><span style="color: #0000ff">Socony</span></u></a>, merged with Vacuum - renamed <a href="http://en.wikipedia.org/wiki/Mobil" target="_blank"><u><span style="color: #0000ff">Mobil</span></u></a>, now part of <a href="http://en.wikipedia.org/wiki/ExxonMobil" target="_blank"><u><span style="color: #0000ff">ExxonMobil</span></u></a>.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_California" target="_blank"><u><span style="color: #0000ff">Standard Oil of California</span></u></a> - or Socal - renamed <a href="http://en.wikipedia.org/wiki/Chevron_Corporation" target="_blank"><u><span style="color: #0000ff">Chevron</span></u></a>, became <a href="http://en.wikipedia.org/wiki/ChevronTexaco" target="_blank"><u><span style="color: #0000ff">ChevronTexaco</span></u></a>, but returned to Chevron.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_Indiana" target="_blank"><u><span style="color: #0000ff">Standard Oil of Indiana</span></u></a> - or <a href="http://en.wikipedia.org/wiki/Stanolind" target="_blank"><u><span style="color: #0000ff">Stanolind</span></u></a>, renamed <a href="http://en.wikipedia.org/wiki/Amoco" target="_blank"><u><span style="color: #0000ff">Amoco</span></u></a> (American Oil Co.) - now part of <a href="http://en.wikipedia.org/wiki/BP" target="_blank"><u><span style="color: #0000ff">BP</span></u></a>.</li> <li data-xf-list-type="ul">Standard's <a href="http://en.wikipedia.org/wiki/Atlantic_Petroleum" target="_blank"><u><span style="color: #0000ff">Atlantic</span></u></a> and the independent company Richfield merged to form Atlantic Richfield or <a href="http://en.wikipedia.org/wiki/ARCO" target="_blank"><u><span style="color: #0000ff">ARCO</span></u></a>, now part of <a href="http://en.wikipedia.org/wiki/BP" target="_blank"><u><span style="color: #0000ff">BP</span></u></a>. Atlantic operations were spun off and bought by <a href="http://en.wikipedia.org/wiki/Sunoco" target="_blank"><u><span style="color: #0000ff">Sunoco</span></u></a>.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_Kentucky" target="_blank"><u><span style="color: #0000ff">Standard Oil of Kentucky</span></u></a> - or <a href="http://en.wikipedia.org/wiki/Kyso" target="_blank"><u><span style="color: #0000ff">Kyso</span></u></a> was acquired by <a href="http://en.wikipedia.org/wiki/Standard_Oil_of_California" target="_blank"><u><span style="color: #0000ff">Standard Oil of California</span></u></a> - currently <a href="http://en.wikipedia.org/wiki/Chevron_Corporation" target="_blank"><u><span style="color: #0000ff">Chevron</span></u></a>.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Continental_Oil_Company" target="_blank"><u><span style="color: #0000ff">Continental Oil Company</span></u></a> - or <a href="http://en.wikipedia.org/wiki/Conoco" target="_blank"><u><span style="color: #0000ff">Conoco</span></u></a> now part of <a href="http://en.wikipedia.org/wiki/ConocoPhillips" target="_blank"><u><span style="color: #0000ff">ConocoPhillips</span></u></a>.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/Standard_Oil_of_Ohio" target="_blank"><u><span style="color: #0000ff">Standard Oil of Ohio</span></u></a> - or <a href="http://en.wikipedia.org/wiki/Sohio" target="_blank"><u><span style="color: #0000ff">Sohio</span></u></a> now part of <a href="http://en.wikipedia.org/wiki/BP" target="_blank"><u><span style="color: #0000ff">BP</span></u></a>.</li> <li data-xf-list-type="ul"><a href="http://en.wikipedia.org/wiki/The_Ohio_Oil_Company" target="_blank"><u><span style="color: #0000ff">The Ohio Oil Company</span></u></a> - more commonly referred to as "The Ohio", and marketed gasoline under the Marathon name. The company is now known as <a href="http://en.wikipedia.org/wiki/Marathon_Oil_Company" target="_blank"><u><span style="color: #0000ff">Marathon Oil Company</span></u></a>, and was often a rival with the in-state Standard spinoff, Sohio.</li> </ul><p><a href="http://en.wikipedia.org/wiki/Standard_Oil_Trust#Successor_companies" target="_blank"><span style="color: red">http://en.wikipedia.org/wiki/Standard_Oil_Trust#Successor_companies</span></a></p><p></p><p>Does Sweet Pea feel better now knowing that the Good Fairy of the DC has protected us from the evil witch? BTW: They called it anti-trust breakup back in the day but we call it "Spin-Off" and "Subsidary" today.</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/surprised.png" class="smilie" loading="lazy" alt=":surprised:" title="Surprised :surprised:" data-shortname=":surprised:" /> Understand now what they really did? Need a hint.</p><p></p><p>Think UPS and OPL and you'll get the picture although UPS wasn't as good as Standard Oil proved to be!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></p><p></p><p>But here's another tip of the iceberg for ya.</p><p></p><p>Here's the annual report to the Alaska Conservation Foundation 2001' and go to page 24 and look at the contributors list and see if you can find a number of family members associated with a specific bidness interest in a product associated with Alaska itself!</p><p></p><p>Oh, that's nothing at all. They are just being good citizens and doing the right thing! The Lord's work if you will. OK, maybe so but is this only a <span style="font-size: 9px">small, small, small </span><span style="font-size: 10px">tip of the iceberg that is driving that question you keep hearing right now in your gut? Or did you miss breakfast? <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></span></p><p></p><p><span style="font-size: 10px">Do we dare have the guts to venture and look even further? It is not for the faint of heart or those quick to getting really pissed off at being HAD!</span></p></blockquote><p></p>
[QUOTE="wkmac, post: 351952, member: 2189"] Here's the tip of the iceberg to consider. Standard Oil literally created an American monopoly regarding oil and the many "do-gooders" in the world who advocate [U]all things gov't[/U], are of course thinking, [U]all things good[/U] but consider this point. Standard Oil was broken up from it's evil monopoly but how was it broken up? Ever heard the term Seven Sisters outside of astronomy? For your viewing pleasure! The successor companies from Standard Oil's breakup form the core of today's US oil industry. (Several of these companies were considered among the [URL='http://en.wikipedia.org/wiki/Seven_Sisters_%28oil_companies%29'][U][COLOR=#0000ff]Seven Sisters[/COLOR][/U][/URL] who dominated the industry worldwide for much of the twentieth century.) They include: [LIST] [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_New_Jersey'][U][COLOR=#0000ff]Standard Oil of New Jersey[/COLOR][/U][/URL] (SONJ) - or [URL='http://en.wikipedia.org/wiki/Esso'][U][COLOR=#0000ff]Esso[/COLOR][/U][/URL] (S.O. or Eastern States, Standard Oil) - renamed [URL='http://en.wikipedia.org/wiki/Exxon'][U][COLOR=#0000ff]Exxon[/COLOR][/U][/URL], now part of [URL='http://en.wikipedia.org/wiki/ExxonMobil'][U][COLOR=#0000ff]ExxonMobil[/COLOR][/U][/URL]. Standard Trust companies Carter Oil, [URL='http://en.wikipedia.org/wiki/Imperial_Oil'][U][COLOR=#0000ff]Imperial Oil[/COLOR][/U][/URL] (Canada), and Standard of Louisiana were kept as part of Standard Oil of New Jersey after the breakup. [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_New_York'][U][COLOR=#0000ff]Standard Oil of New York[/COLOR][/U][/URL] - or [URL='http://en.wikipedia.org/wiki/Socony'][U][COLOR=#0000ff]Socony[/COLOR][/U][/URL], merged with Vacuum - renamed [URL='http://en.wikipedia.org/wiki/Mobil'][U][COLOR=#0000ff]Mobil[/COLOR][/U][/URL], now part of [URL='http://en.wikipedia.org/wiki/ExxonMobil'][U][COLOR=#0000ff]ExxonMobil[/COLOR][/U][/URL]. [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_California'][U][COLOR=#0000ff]Standard Oil of California[/COLOR][/U][/URL] - or Socal - renamed [URL='http://en.wikipedia.org/wiki/Chevron_Corporation'][U][COLOR=#0000ff]Chevron[/COLOR][/U][/URL], became [URL='http://en.wikipedia.org/wiki/ChevronTexaco'][U][COLOR=#0000ff]ChevronTexaco[/COLOR][/U][/URL], but returned to Chevron. [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_Indiana'][U][COLOR=#0000ff]Standard Oil of Indiana[/COLOR][/U][/URL] - or [URL='http://en.wikipedia.org/wiki/Stanolind'][U][COLOR=#0000ff]Stanolind[/COLOR][/U][/URL], renamed [URL='http://en.wikipedia.org/wiki/Amoco'][U][COLOR=#0000ff]Amoco[/COLOR][/U][/URL] (American Oil Co.) - now part of [URL='http://en.wikipedia.org/wiki/BP'][U][COLOR=#0000ff]BP[/COLOR][/U][/URL]. [*]Standard's [URL='http://en.wikipedia.org/wiki/Atlantic_Petroleum'][U][COLOR=#0000ff]Atlantic[/COLOR][/U][/URL] and the independent company Richfield merged to form Atlantic Richfield or [URL='http://en.wikipedia.org/wiki/ARCO'][U][COLOR=#0000ff]ARCO[/COLOR][/U][/URL], now part of [URL='http://en.wikipedia.org/wiki/BP'][U][COLOR=#0000ff]BP[/COLOR][/U][/URL]. Atlantic operations were spun off and bought by [URL='http://en.wikipedia.org/wiki/Sunoco'][U][COLOR=#0000ff]Sunoco[/COLOR][/U][/URL]. [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_Kentucky'][U][COLOR=#0000ff]Standard Oil of Kentucky[/COLOR][/U][/URL] - or [URL='http://en.wikipedia.org/wiki/Kyso'][U][COLOR=#0000ff]Kyso[/COLOR][/U][/URL] was acquired by [URL='http://en.wikipedia.org/wiki/Standard_Oil_of_California'][U][COLOR=#0000ff]Standard Oil of California[/COLOR][/U][/URL] - currently [URL='http://en.wikipedia.org/wiki/Chevron_Corporation'][U][COLOR=#0000ff]Chevron[/COLOR][/U][/URL]. [*][URL='http://en.wikipedia.org/wiki/Continental_Oil_Company'][U][COLOR=#0000ff]Continental Oil Company[/COLOR][/U][/URL] - or [URL='http://en.wikipedia.org/wiki/Conoco'][U][COLOR=#0000ff]Conoco[/COLOR][/U][/URL] now part of [URL='http://en.wikipedia.org/wiki/ConocoPhillips'][U][COLOR=#0000ff]ConocoPhillips[/COLOR][/U][/URL]. [*][URL='http://en.wikipedia.org/wiki/Standard_Oil_of_Ohio'][U][COLOR=#0000ff]Standard Oil of Ohio[/COLOR][/U][/URL] - or [URL='http://en.wikipedia.org/wiki/Sohio'][U][COLOR=#0000ff]Sohio[/COLOR][/U][/URL] now part of [URL='http://en.wikipedia.org/wiki/BP'][U][COLOR=#0000ff]BP[/COLOR][/U][/URL]. [*][URL='http://en.wikipedia.org/wiki/The_Ohio_Oil_Company'][U][COLOR=#0000ff]The Ohio Oil Company[/COLOR][/U][/URL] - more commonly referred to as "The Ohio", and marketed gasoline under the Marathon name. The company is now known as [URL='http://en.wikipedia.org/wiki/Marathon_Oil_Company'][U][COLOR=#0000ff]Marathon Oil Company[/COLOR][/U][/URL], and was often a rival with the in-state Standard spinoff, Sohio. [/LIST] [URL='http://en.wikipedia.org/wiki/Standard_Oil_Trust#Successor_companies'][COLOR=red]http://en.wikipedia.org/wiki/Standard_Oil_Trust#Successor_companies[/COLOR][/URL] Does Sweet Pea feel better now knowing that the Good Fairy of the DC has protected us from the evil witch? BTW: They called it anti-trust breakup back in the day but we call it "Spin-Off" and "Subsidary" today. :surprised: Understand now what they really did? Need a hint. Think UPS and OPL and you'll get the picture although UPS wasn't as good as Standard Oil proved to be! :happy-very: But here's another tip of the iceberg for ya. Here's the annual report to the Alaska Conservation Foundation 2001' and go to page 24 and look at the contributors list and see if you can find a number of family members associated with a specific bidness interest in a product associated with Alaska itself! Oh, that's nothing at all. They are just being good citizens and doing the right thing! The Lord's work if you will. OK, maybe so but is this only a [SIZE=1]small, small, small [/SIZE][SIZE=2]tip of the iceberg that is driving that question you keep hearing right now in your gut? Or did you miss breakfast? :happy-very:[/SIZE] [SIZE=2]Do we dare have the guts to venture and look even further? It is not for the faint of heart or those quick to getting really pissed off at being HAD![/SIZE] [/QUOTE]
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