The History of the Standard Oil Company the power of the press. As such, "The History of Standard Oil Company" harbors great significance as a standard-bearer of modern investigative journalism. In his 2008 book "Taking on the trust : the epic battle of Ida Tarbell and John D. Rockefeller", Steve Weinberg described "The History of the Standard Oil Company" as "arguably the greatest work of investigative journalism ever written". The History of the Standard Oil Company The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell. It is an exposé about the Standard Oil Company, run at the time by oil tycoon
Standard Oil Co. of New Jersey v. United States significant constraint on competition by mere virtue of their size and market power, as implied by the Antitrust Act. Over a period of decades, the Standard Oil Company of New Jersey had bought up virtually all of the oil refining companies in the United States. Initially, the growth of Standard Oil was driven by superior refining technology and consistency in the kerosene products (i.e., product standardization) that were the main use of oil in the early decades of the company's existence. The management of Standard Oil then reinvested their profits in the acquisition of most of the refining capacity in