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
Essential oil Essential oil An essential oil is a concentrated hydrophobic liquid containing volatile (defined as "the tendency of a substance to vaporize") aroma compounds from plants. Essential oils are also known as volatile oils, ethereal oils, aetherolea, or simply as the oil of the plant from which they were extracted, such as oil of clove. An essential oil is "essential" in the sense that it contains the "essence of" the plant's fragrance—the characteristic fragrance of the plant from which it is derived. The term essential used here does not mean indispensable as with the terms essential amino acid or essential fatty