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Unformatted text preview: The location of Spindletop was important because it was close to major oil refineries. The oil didnt have to be shipped too terribly far to be refined; this made the production of it less expensive as well. 5. How did Spindletop break Rockefellers monopoly on oil production? What new companies came from it? Before Spindletop, John Rockefeller owned all of the places that produced oil. He didnt, however, own Spindletop, which quickly became the most successful oil well around. The oil companies Texaco, Mobil, and Gulf Oil Company all sprang up from Spindletop....
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- Spring '08