Archive for June, 2009

America’s Oil Addiction: from Standard Oil to OPEC to Bandar Bush

It all began with John D. Rockefeller, owner of a small produce commission business who saw a good thing in the refinery business. Along with his partner at the time and two other men, he formed Clark & Rockefeller and built an oil refinery in 1863. At this time, petroleum was used mainly to supply [...]