Word: oiled
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Dates: during 1990-1999
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...Percentage of the domestic oil-refining market that Standard Oil controlled in 1911 prior to being broken up by the government for antitrust violations...
...Percentage of the domestic market that Exxon and Mobil would control after their proposed merger, creating the largest oil company in the world...
...Average price of a gallon of gas in 1973--calculated in 1998 dollars--just prior to the oil embargo...
...cross between today's Federal Reserve Board and the Goldman Sachs' mergers-and-acquisitions department, providing the money and acumen needed to launch the prototypes of modern industrial corporations. Under Morgan's leadership, this century began much as the 19th century ended, with heavy industry--steel, rails, electricity, and oil--ascendant. Automobiles were in short supply until 1913, when Henry Ford introduced the assembly line and mass production, making ours a consumer as well as an industrial society. As the century progressed, the service economy began to compete with industry as fortunes were made in soft drinks (Coca-Cola), processed...
...crafting the first major multinational corporation, Standard Oil, Rockefeller (1839-1937) provided a sneak preview of the 20th century. At his zenith, he refined, distributed and marketed nearly 90% of America's oil. The unlikely offspring of a raffish snake-oil salesman and a strict Baptist mother, Rockefeller grew up in several rustic hamlets in upstate New York and Ohio. He began his career as an assistant bookkeeper in a Cleveland, Ohio, commodity-brokerage house in 1855 and invested in his first refinery during the Civil...