provide a historical account of the rise of Russian oil, and the evolution of Shell and Royal Dutch companies.explain Rockefeller's "Great Game," "Our Plan," and "good sweating ".illustrate how Standard Oil evolved as a company and a trust.explain the causes of the booms and busts in the Oil Regions of Pennsylvania.outline the historical discovery and development of oil in the Oil Regions of Pennsylvania.identify the need that led to the discovery of oil drilling and the large scale production of oil.Marcus Samuel, Shell merchant and early key strategic player in international oil competitionīy the end of this lesson, you should be able to:.The erosion of Standard Oil’s dominance by international competition from Russia and later in the Dutch East Indies.Standard Oil’s emergence as the dominant firm and first modern corporation through the “Great Game” and “Our Plan”.Early oil highly competitive industry with many players.Boom phenomenon with profits backside of bust with depression.Pennsylvania as the dominant oil producing region, 1860-1890.
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