About: The Cartel   Sponge Permalink

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"The Cartel" was a business conglomerate of several prominent Texas oil companies which included Ewing Oil; the companies were bonded by the IOA, or The Independent Oilman's Association. They vote on various issues internally and then present a united front in political and economic arenas. Within the IOA, there were Cartels - groups of companies that invested in many major corporate business ventures together, such as oil, alternate energies, natural resources, legalized casino gambling, and stocks and securities.

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  • The Cartel
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  • "The Cartel" was a business conglomerate of several prominent Texas oil companies which included Ewing Oil; the companies were bonded by the IOA, or The Independent Oilman's Association. They vote on various issues internally and then present a united front in political and economic arenas. Within the IOA, there were Cartels - groups of companies that invested in many major corporate business ventures together, such as oil, alternate energies, natural resources, legalized casino gambling, and stocks and securities.
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abstract
  • "The Cartel" was a business conglomerate of several prominent Texas oil companies which included Ewing Oil; the companies were bonded by the IOA, or The Independent Oilman's Association. They vote on various issues internally and then present a united front in political and economic arenas. Within the IOA, there were Cartels - groups of companies that invested in many major corporate business ventures together, such as oil, alternate energies, natural resources, legalized casino gambling, and stocks and securities. The Cartel's limit the competition within the independent companies, and provide an opportunity to go up against such awesome conglomerates such as WeStar Oil, and share the risk of any venture between companies. Jock Ewing was founding member of one of the first and most powerful cartels in the oil industry. The member o=- Dallas based Cartel has included the following members:
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