How has government and oil production affected the development of modern countries in the region?
In your 3- to 4-sentence response, include one way the government and one way oil production affected the development of modern countries in the region.

Explanation:

            In 1880, the United States is responsible for 85 percent of the world's crude oil production and refining, and kerosene is the fourth largest U.S. export. However, U.S. dominance of European and Asian oil markets is challenged by new oil finds controlled by Russia, Britain, and the Netherlands. Still, over the next two decades, major oil finds in states such as Texas, California, and Oklahoma help increase U.S. production from about 26 million barrels of oil annually to around 64 million barrels per year. By 1900, more than 200 oil byproducts—including fuel for stoves and internal combustion engines, as well as lubricants for industrial machinery—begin to enter daily life. The 1901 Spindletop gusher—the largest to date—fuels a major oil rush in Texas, and U.S. oil production nearly triples in a decade.

       By the 1880s, John D. Rockefeller's Standard Oil owns 90 percent of the U.S. oil refineries and pipelines and the world's largest oil tanker fleet. In 1906, the U.S. government takes the company to court for violating the Sherman Antitrust Act of 1890. The U.S. Supreme Court rules in favor of the government in May 1911. In July, Standard Oil is broken into separate entities, including those that later become Chevron, Amoco, Mobil, Conoco, and Exxon. These companies come to dominate much of the international oil market for the next six decades.