Back
Hiral Jain
Content writerย โขย 1y
Hey there! Stop and read the story of the ruthless world's first billionaire! (p-4) The oil market is becoming overcrowded and the secret of preparing kerosene is out. With no usp they decide to form alliances and kill their competition. At that time, oil is mainly transported by railways, by ERIE, NY CENTRAL, and PENNSYLVANIA (p), with p being the biggest. It's easy for 'p' to transport oil from Pennsylvania to NY and nearby places rather than Cleveland. So they stop their business there. Other owners decide to leave, but not all. While many left Cleveland, J&Fspot an opportunity. They strike deals with the other railroads. They offer ERIE a continuous oil transport in exchange for a whopping 75% rebate, and they pay NYCENTRAL less than the actual costs, reducing it from $2 per barrel to $1. The desperation leads to both deals being sealed in secrecy. With continuous orders from STANDARD OIL, The only ones left in the dust are 'p' railroads and STANDARD OIL's competitors! Byeee!
Replies (3)
More like this
Recommendations from Medial
Hiral Jain
Content writerย โขย 1y
Hey there! Ready for the John and Flagler again! (p-5) As we have seen J&F cracked deals with both railroads and both parties were in a win-win situation. The only parties who were at a loss were P Railroads and the competitors of Standard Oil. Now
See More
Hiral Jain
Content writerย โขย 1y
Hey everyone, it's awesome to be back with you. [this post is a continuation of a previous post, check that out before] You all remember young John, right? He wasn't fazed when his old company shut down. With enough savings and a partner named Clark
See More
Sanskar
Keen Learner and Exp...ย โขย 4m
An Edible Hair Oil? Do you know you can use Parachute coconut oil as an hair oil and also an edible oil. As per the parachute bottle it is 100% pure edible coconut oil and is also licensed by FSSAI and the insane part, it does not says anywhere as
See More
Rosy
# Digital Marketing ...ย โขย 6m
The Role Of Each P In the Digital Marketing Mix | Eflot Each "P" in the digital marketing mix Product, Price, Place, and Promotion plays a vital role in shaping a successful strategy. Together, they help businesses deliver value, target the right au
See More
LIKHITH
ON NE SAIT JAMAISย โขย 1y
"TRIBAL MEN ADDICTED TO P*RN" What?When?Where?Why?How? Read this out..... The Marubo tribe was very isolated tribe of Amazon forest, but once they received Elon's starlink connection, they gained access to high-speed internet. What is the result
See More
Mayank Kumar
Strategy & Product @...ย โขย 1y
The S&P 500 companies distribution is crazy! 29.8%โthat's the slice of the S&P 500 pie taken up by its top 6 holdings now This is up from 26% at the start of the year, and is largely fueled by Nvidia's astounding rally. The Al chip maker has shot u
See More
Download the medial app to read full posts, comements and news.