Rockefeller at Coit Road Station, East Cleveland in 1912

Rockefeller at Coit Road Station, East Cleveland in 1912
During the beginning of his oil enterprise, Rockefeller took advantage of Cleveland's many railroads to bring crude oil from Pennsylvania and western Ohio to his refineries in Cleveland. He later went further, using railroad rebates to keep his prices down. Another method that skyrocketed Standard Oil's success was the creating of the Standard Oil Trust. Rockefeller organized the trust in January of 1882, but it was dissolved by the State of Ohio in 1892. | Date: 1912 | Source: Western Reserve Historical Society
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