When Daniel Plainview first meets H.M. Tilford, he asks Tilford if he is going to change his shipping costs to which Tilford replies "We don't dictate shipping costs. That's railroad business." This is a deceptive reply as Standard Oil under the leadership of John D. Rockefeller negotiated a 71% discount on shipping costs with Lake Shore Railroad which no other oil company could match. This agreement allowed Standard to enjoy a near monopoly on oil in the late 1800's which eventually led to the U.S. Government breaking up Standard in the early 1900's into 34 independent companies including Exxon, Mobil, Chevron, and Amoco.
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05-03-2025 alle ore 12:24