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New Jersey in the 20th century

  • 12 min read
  • 9 chapters

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Through Atlantic Ocean, Great Depression and Cold War

Early 1900s

The Standard Oil Company of New Jersey was a large integrated oil producing, transporting, refining, and marketing organization, founded by Henry H. Rogers, William Rockefeller, and John D. Rockefeller. In 1911, the United States Supreme Court ordered the dissolution of the Standard Oil Company of New Jersey, viewing it as violating the Sherman Antitrust Act. Standard Oil had controlled nearly 90% of refined oil flows into the United States, having a near complete monopoly upon it. Standard Oil Company was split into 34 smaller companies as a result of the dissolution.

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