Standard Oil and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870, Rockefeller abolished the partnership and incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000, and the firm of Rockefeller, Andrews & Flagler received 1,000. Rockefeller chose the "Standard Oil" name as a symbol of the reliable "standards" of quality and service that he envisioned for the nascent oil industry. In the early years, John D. Rockefeller dominated the combine; he was the single most important
Rio Blanco Oil Shale Company Rio Blanco Oil Shale Company The Rio Blanco Oil Shale Company was an American shale oil extraction technology research and development company. The company was established as a general partnership of Gulf Oil (now part of Chevron Corporation) and Standard Oil of Indiana (now part of BP). It was named after the Rio Blanco County, Colorado, the location of the company's oil shale tract. The Rio Blanco Oil Shale Company was established in 1974. In 1974, it win a bid for Federal Oil Shale Lease C-a in the Rio Blanco County. In 1977, the company started preparations to demonstrate its