The Livermore Laboratory played host to members of the Weapons subcommittee of the General Advisory Committee to the Atomic Energy Commission at a meeting on January 13. Gathered in the Director's office for briefings on current Livermore activities are (left to right) Edwin McMillan, Laboratory Director; Jane Hall, Los Alamos Scientific Laboratory Assistant Director; Robert Wilson, Chairman of the Board, Standard Oil of Indiana; Kenneth Pitzer, Dean of the University of California's College of Chemistry; Edward Teller, Livermore Laboratory Director; and the late James McRae, Vice President of American Telephone and Telegraph (AT&T) and former President of Sandia Laboratory. Morgue 1960-70 (

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The Livermore Laboratory played host to members of the Weapons subcommittee of the General Advisory Committee to the Atomic Energy Commission at a meeting on January 13. Gathered in the Director's office for briefings on current Livermore activities are (left to right) Edwin McMillan, Laboratory Director; Jane Hall, Los Alamos Scientific Laboratory Assistant Director; Robert Wilson, Chairman of the Board, Standard Oil of Indiana; Kenneth Pitzer, Dean of the University of California's College of Chemistry; Edward Teller, Livermore Laboratory Director; and the late James McRae, Vice President of American Telephone and Telegraph (AT&T) and former President of Sandia Laboratory. Morgue 1960-70 (

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Summary

Photographs Documenting Scientists, Special Events, and Nuclear Research Facilities, Instruments, and Projects at the Berkeley Lab

In 1862, John D. Rockefeller, a resident of Cleveland Ohio, joined with two partners to establish an oil-refining company. The men purchased oil wells in Titusville, Pennsylvania, and constructed a well near Cleveland. In 1865, Rockefeller bought out one of the partners' interest in the company, creating Rockefeller & Andrews Oil Company. In this year alone, the business earned approximately 200,000 dollars. While Rockefeller reaped extensive wealth in 1865, the oil industry was just beginning to grow. Most people only used oil for lighting. The market was limited. Prices fluctuated dramatically, as oil production waxed and waned during this period. To try and stabilize oil prices Rockefeller and Samuel Andrews, his partner, approached O.H. Payne, owner of the largest oil refinery in Cleveland. They proposed that the three men unite their companies together. By having a single oil company operating in northeastern Ohio, this company could hopefully fix prices and avoid the tremendous swings as production sometimes increased or dwindled. The company organizers convinced numerous other Cleveland firms to join with them. In other cases, they bought out the companies or drove them out of business by selling their oil for a much cheaper price than their competitors could. In 1870, Rockefeller united these companies together as the Standard Oil Company.

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Date

1960
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Source

The U.S. National Archives
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Restricted - Possibly Specific Use Restriction: Copyright Note: The University of California, as the Department of Energy contractor managing the historical image scanning project, has asserted a continuing legal interest in the digital versions of the images included in the NARA accession, and, accordingly, has stipulated that anyone intending to use any of these digital images for commercial purposes, including textbooks, commercial materials, and periodicals, must obtain prior permission from the University of California-Lawrence Berkeley National Lab, through [email protected].

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