Titusville in Crawford County, Pennsylvania — The American Northeast (Mid-Atlantic)
Standard Oil Company
John D. Rockefeller organized the Standard Oil Company in 1870. He owned wells in Titusville and Cleveland and began buying refineries in Pennsylvania and Ohio. By 1882, Standard Oil controlled 90% of the entire nation's refining capacity. The company eliminated competitors through buyouts, mergers, and railroad rebates, which were particularly hard on small businesses
Spurred in part by Titusville native Ida Tarbell's 1904 exposé of the company, the United States Supreme Court ruled Standard Oil in violation of the Sherman Anti-Trust Act in 1911. The company broke into thirty-four independent entities, many of which became the most dominant oil titans in the modern world
Topics. This historical marker is listed in this topic list: Industry & Commerce. A significant historical year for this entry is 1870.
Location. 41° 37.1′ N, 79° 40.27′ W. Marker is in Titusville, Pennsylvania, in Crawford County. Marker is on Pennsylvania Route 8, on the right when traveling north. Touch for map. Marker is in this post office area: Titusville PA 16354, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. John Heisman (here, next to this marker); Ida Tarbell Atlantic Motor Oil (here, next to this marker); Tidewater (a few steps from this marker); Oil Creek (a few steps from this marker); Amalie (a few steps from this marker); Wolf's Head Oils and Lubes (a few steps from this marker); Valvoline (a few steps from this marker). Touch for a list and map of all markers in Titusville.
Additional keywords. monopoly, Oil
Credits. This page was last revised on May 13, 2019. It was originally submitted on May 9, 2019, by Steve Stoessel of Niskayuna, New York. This page has been viewed 212 times since then and 72 times this year. Photo 1. submitted on May 9, 2019, by Steve Stoessel of Niskayuna, New York. • Bill Pfingsten was the editor who published this page.
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