Daniel Yergin

Well, I guess because—

That was the control of the market.

That was the access to the market.

And so the producers, they needed John D. Rockefeller.

I mean, there were a few other people, but Rockefeller had like 90% of the business.

And he would either give you a good sweating, drive down prices and force you out of business or force you to sell to him or to amalgamate with him.

Well, I think it was the discipline of the business.

He really created a very disciplined business.

They went out to two decimal points.

And that was before it was not even no computers or no calculators, but it was that rigorous attention to detail, but scale.

But I think it was also boldness and being able to see where you needed to go next and then to implement it.

Well, it was really a waste product.

You know, there was not much to do with it because it was all about lighting.

Today, of course, you know, oil, you know, it's so much in everything.

It's, you know, it's in your furniture.

It's in your COVID vaccine.

I mean, it's, you know, it's everywhere.

Yeah.

Well, a mistake, I don't know.

It is the most famous antitrust case in history.