A TASTE OF ISSUE #8
How Big Oil Conquered The World By James Corbett
The story, properly told, begins somewhere unexpected. Not in Pennsylvania with the first commercial drilling operation and the first oil boom, but in the rural backwoods of early 19th century New York state. And it doesn’t start with crude oil or its derivatives, but a different product altogether: snake oil. “Dr. Bill Livingston, Celebrated Cancer Specialist” was the very image of the traveling snake oil salesman. He was neither a doctor, nor a cancer specialist; his real name was not even Livingston. … He went by “Big Bill”. Others, less generously, called him “Devil Bill”. But his real name was William Avery Rockefeller, and it was his son, John D. Rockefeller, who would go on to found the Standard Oil monopoly and become the world’s first billionaire.