John D Rockefeller created Standard Oil, which built up the modern oil and refining industry. Standard Oil created massive price advantages and scale beyond its competitors. It grew by increasing sales and through acquisitions. In 1868, the Lake Shore Railroad, a part of the New York Central, gave Rockefeller’s a transportation rate of one cent a gallon or forty-two cents a barrel. This was a 71% discount for a promise to ship at least 60 carloads of oil daily. Smaller companies could not produce enough oil to qualify for discounts. SpaceX already has a price advantage for rocket launch. They
Screenshot: Warner Bros. Bad news for Max subscribers who’ve made re-watching The Lord of the Rings extended editions an annual New Year tradition: the third film in the trilogy, The Return of the King — which just celebrated its 20th anniversary! —is only available to stream in its theatrical version. No ancient evil is to blame, thankfully; it’s an unspecified “tech issue,” according to a Max spokesperson who responded to a comment request from Vulture after the issue was noted by dismayed fans on Reddit . The fact that The Return of the King extended edition is merely temporarily unavailable is actually good news given Max’s track record for removing content in the past, and the explanation makes sense considering The Fellowship of the Ring and The Two Towers remain available in both their theatrical and extended editions. The Max spokesperson assured Vulture that The Return of the King extended edition will be, ah, returning soon to the service, though as of this writing i...
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