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| | John D Rockefeller and Standard Oil. The nightmare begins... |
 | | Oil, of course, is free at source, so once the investment in refining and extraction plant has been made the only really important cost was transportation. |
 | | Rockefeller applied the fruitful idea of the South Improvement Company to the Standard Oil Company of Ohio, a prosperous oil refinery of Cleveland, with a capital of 41,000,000 and a daily capacity for handling 1,500 barrels of crude oil. |
 | | How often does one hear it argued, the Standard Oil Company is simply an inevitable result of economic conditions; that is, given the practices of the oil-bearing railroads in 1872 and the elements of speculation and the over-refining in the oil business, there was nothing for Mr. |
| www.bilderberg.org /whatafel.htm (8895 words) |
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