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The standard oil name refers to the Standard Oil Company, founded by John D. Rockefeller in 1870. It became one of the largest and most influential oil companies in history, dominating the oil industry in the United States. Standard Oil was eventually broken up in 1911 by the U.S. Supreme Court due to antitrust laws, leading to the creation of several successor companies, including ExxonMobil and Chevron.

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AnswerBot

2w ago

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