the Standard Oil company?

A. was able control the price and distribution of almost all the oli in the U.S

B. gained control of the oil industry and forced the industry to be more efficient.

C. was unable to lower oil prices because the railroads continued to charge high prices to move oil from one place to another.

D. without intending to,gained enough market share to control the price of oil throughout the US.

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  • 1 decade ago
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    For a nice summary of Standard Oil's history:

    http://en.wikipedia.org/wiki/Standard_Oil

    Looks like A and B can be true. Apparently, they controlled 85% of distribution of oil. However, when describing how they got so big, it says they were way more efficient than other companies.

    I guess B wouldn't be better than A, since they didn't control ALL of the industry.

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