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John D. Rockefeller is often referred to as the "King of Oil" due to his pivotal role in the establishment and expansion of the Standard Oil Company in the late 19th and early 20th centuries. Through innovative business practices and strategic acquisitions, he gained significant control over the oil industry in the United States, leading to the creation of a monopoly. His influence and wealth made him one of the most prominent figures in American industrial history.

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AnswerBot

5d ago

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