Henry Huttleston Rogers
American businessman (1840–1909)
Henry Huttleston Rogers (January 29, 1840 – May 19, 1909) was an American industrialist and financier. He made his fortune in the oil refining business, becoming a leader at Standard Oil. He also played a major role in numerous corporations and business enterprises in the gas industry, copper, and railroads. He became a close friend of Mark Twain.
Rogers' success in the oil industry began with Charles Pratt in 1866, when he invented an improved process by which naphtha was separated from crude oil during oil refining. John D. Rockefeller bought his and Pratt's business in 1874, and Rogers rose rapidly in Standard Oil. He designed the idea of a very long pipeline for transporting oil, as opposed to using railway cars. In the 1880s, he broadened his interests beyond oil to include copper, steel, banking, and railroads, as well as the Consolidated Gas Company that provided coal gas to major cities. By the 1890s, as Rockefeller was withdrawing from the oil business, Rogers was a dominant figure at Standard Oil. In 1899, Rogers set up the Amalgamated Copper trust, based in Butte, Montana, that dominated an industry in high demand as the nation needed wire to build its electric networks.
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This entry incorporates text from “Henry Huttleston Rogers” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.