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In 1927, Jersey Standard signed a 25-years cooperation agreement with IG Farben for the coal hydrogenation research in the United States.Jersey Standard assumed this cooperation to be beneficial as it believed the United States oil reserves to be exhausted in the near future and that the coal hydrogenation would give an access for producing synthetic fuels.
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of New Jersey"), which eventually became Exxon, and Socony ("Standard Oil Co. Over the next few decades, Jersey Standard and Socony grew significantly.
John Duston Archbold was the first president of Jersey Standard. Teagle in 1917, who made it the largest oil company in the world.
It erected synthetic fuel plants in Bayway, Baton Rouge, and Baytown (unfinished).
The interest in hydrogenation evaporated after discovery of the East Texas Oil Field.
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