How did Rockefeller stabilize the oil industry's boom-bust cycle?

He gained control of the railroads and crude oil supply.

He created the Seneca Oil Company.

He created an oil antitrust.

He wrote a book entitled History of the Standard Oil Company.

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Sassy

16 February, 05:36

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Terry Houston · Answer 1

John D. Rockefeller, the oil tycoon, gained control of the railroads and crude oil supply.

How did Rockefeller stabilize the oil industry's boom-bust cycle?He gained control of the railroads and crude oil supply.He created the Seneca Oil Company.He created an oil antitrust.He wrote a book entitled History of the Standard Oil Company.