This blog is part four of a series that explores the intricate history of oil. 1973-1994: The Middle East Shrugs its Shackles It is important to understand that the oil industry is largely a Western invention and is very much American led. When America began making overtures to King Ibn Saud of Saudi Arabia in […]
This blog is part two of a series that explores the intricate history of oil. 1870-1911: Rockefeller Creates the Multinational Oil Standard Born July 8, 1939, John D. Rockefeller is arguably the most notorious business magnate and philanthropist the world has ever known. The first American billionaire, at the pinnacle of his power he controlled […]