A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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   Part II-Chapter 11 :  The Trusts  > Birth of the Standard Oil Company  :  Previous  1 - 2 - 3 - 4 - 5 - 6 - 7  Next  

  Conquest of the oil regions Acme Oil and the pipelines 

acquired the Imperial Refining Company of Oil City from Jacob J. Vandergrift, a powerful figure of the oil regions, who was also involved in pipeline and other oil transportation businesses. The move was enough to discourage many Oil Creek refiners and eventually push them to abandon or sell out. Then he struck a deal with the leading Pittsburgh and Philadelphia refiners Charles Lockhart and William Gray Warden. In October 1874, they brought in the giant Atlantic refinery in Philadelphia as well as

 

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