The Lucas Gusher blowing at Spindletop Hill, Texas, January 10, 1901 — the discovery that launched the modern American oil industry

Ideologies, Wars, Politics, Economy, Finance, M&A: Exxon × Mobil

From the 1911 breakup of Standard Oil to the $74 billion Exxon-Mobil stock swap of 1998: a quarter-century of oil shocks, a collapsing price floor, and the archetype merger that came out of it.

July 26, 2026 · Yirviel Somé
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