Marathon Oil in North America, including $600 million in the Eagle Ford and $200 million in the Bakken formation. The company owns 277,000 net acres in the Bakken formation. Marathon began as The Ohio Oil Company in 1887. In 1889, it was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company". In 1982, Mobil made a hostile offer to buy the company;
Standard Oil Co. v. United States (Standard Stations) Standard Oil Co. v. United States (Standard Stations) Standard Oil Co. v. United States, 337 U.S. 293 (1949), more commonly referred to as the "Standard Stations" case (because that was the brand name of the company whose exclusive dealing contracts were held unlawful in the case. and also because there is a 1911 case with the same caption "Standard Oil Co. v. United States"), is a 1947 decision of the United States Supreme Court in which requirements contracts for gasoline stations (Standard Stations) were held to violate section 3 of the Clayton Act. That statute prohibits selling goods on the