Historians R Us

This blog is the property of the AP US History class at Pope John XXIII High School in Everett, MA, USA. Here students explore current events in America, while seeking to understand the historical roots of those events. At the same time, students are able to carry on classroom discussions in the cyber world.

Thursday, March 29, 2007

Modern day Rockefeller?

An oil man, Steven Jordan, was determined to find oil in his yard. He had made his money investing in oil, and in the summer of 05, he built an oil rig in his front yard. Recently, he had struck oil after digging under his house, his pool, and underneath a river past his backyard. Everyday this oil rig pumps out 20 barrels of oil and even more natural gas. This output will triple his fortune and possibly make him one of the most sought out men in America amidst the battle for oil around the world. On the subject of"OPEC" he says "i dont like those guys, and they dont like us, so buy this".

Could Steven Jordan of Louisiana be the next Rockefeller? America is not the leading exporter of oil, and with oil prices at an all time high, he could possibly control the business in America with such high ambitions. Rockefeller had once ruled the oil trust in th United States. Standard Oil wiped out 95% of its competitors in 7 years by wiping out the middle man and working with what is called "vertical integration". If Steven Jordan is smart enough, he will have the american government begging for the tons of oil that are in his very own backyard.

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