The History of the Standard Oil Company 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 John D. Rockefeller, the richest figure in American history. Originally serialized in nineteen parts in "McClure's" magazine, the book is a seminal example of muckraking, and inspired many other journalists to write about trusts, large businesses that (in the absence of strong antitrust laws in the 19th century) attempted to gain monopolies in various industries. "The History of the Standard Oil Company"
Anglo-Persian Oil Company government could not permit it. Under pressure from the United States, British Petroleum was forced to accept membership in a consortium of companies which would bring Iranian oil back on the international market. It was incorporated in London in 1954 as a holding company called Iranian Oil Participants Ltd (IOP). The founding members of IOP included British Petroleum (40%), Gulf Oil (8%), Royal Dutch Shell (14%), and Compagnie Française des Pétroles (later Total S.A., 6%). The four Aramco partners—Standard Oil of California (SoCal, later Chevron), Standard Oil of New Jersey (later Exxon), Standard Oil Co. of New York (later Mobil,