National Linseed Oil Trust 1918, when the price rose from $.50 per gallon to $1.80. National Linseed Oil Trust The National Linseed Oil Trust of St. Louis, Missouri, was a major company trust formed in 1885 to protect linseed oil interests in the United States. Once used extensively in painting, the oil today is also commonly known as "flax seed oil". The Trust was dissolved in 1920 after the U.S. Department of Justice charged they broke the Sherman Antitrust Act. Omaha millionaire Clark Woodman was an influential director on the board. Viewed today as one of many imitators of the Standard Oil Company, the
Oil production plant is either by pipeline or tanker. Oil production plant An oil production plant (sometimes called an oil terminal) is a facility which performs processing of production fluids from oil wells in order to separate out key components and prepare them for export. This is distinct from an oil depot, which does not have processing facilities. Typical production fluids are a mixture of oil, gas and produced water. Many permanent offshore platforms have full oil production facilities on board. Smaller platforms and subsea wells must export raw production fluid to the nearest production facility, which may be on a nearby offshore