Standard Oil of Ohio Standard Oil of Ohio Standard Oil of Ohio or Sohio was an American oil company, and the earliest component of the original Standard Oil company founded by John D. Rockefeller. Sohio was acquired by British Petroleum, now called BP. Sohio continued as a separate entity after the antitrust breakup of Standard Oil in 1911. It operated service stations under the "Sohio" brand name in Ohio. In other states, it used the "Boron" brand name instead, but with an otherwise-similar logo. Wallace Trevor Holliday was President of the company from 1928 to 1949 and Chairman of the Board from 1949 until
Standard Oil at 65.4% payout ratio. The total net earnings from 1882 to 1906 amounted to $838,783,800, exceeding the dividends by $290,347,800, which was used for plant expansions. In 1896, John Rockefeller retired from the Standard Oil Co. of New Jersey, the holding company of the group, but remained president and a major shareholder. Vice-president John Dustin Archbold took a large part in the running of the firm. In the year 1904, Standard Oil controlled 91% of oil production and 85% of final sales in the United States. At this point in time, state and federal laws sought to counter this development