Word: shell
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...other times, the ability of Exxon, Mobil, Texaco, Gulf, Standard Oil of Indiana, Shell and Standard Oil of California to ring up nine-month 1973 profits that averaged 46% above 1972's comparable period would have brought on considerable praise. But, at a time of oil shortages and sharply rising prices, the great increases fed suspicions on Capitol Hill that the oilmen were using the scarcity as an excuse for jacking up prices and making extortionate profits. Charged Connecticut Senator Abraham Ribicoff: "While the consumer is suffering, the industry seems to be receiving a bonanza...
...Albuquerque, well-supplied motorists continued to zip along at 70 m.p.h., in violation of the new 55-m.p.h. nationwide speed limit. Elsewhere, station owners, whose gasoline deliveries have been cut, are awash with fuel because customers have so drastically reduced their driving. At Walter Paul's Shell station in McDonough, Ga., just off Interstate 75, sales were running at half last month's rate, even though Paul has two-thirds of last month's supply. "Here I am, not able to sell the stuff," he laments...
Until the Arab embargo, South Vietnamese forces never had to worry about where that oil might come from. When the Americans were in residence, Vietnamese units drew their supplies from U.S. depots. Afterward the U.S. Defense Fuel Supply Center contracted with Esso and Shell in Singapore and Caltex in Saudi Arabia for shipments to the same depots, now under local management. But early in November the Saudis warned that Singapore's refineries might be cut off from Arab crude if the refineries continued to fulfill U.S. military contracts-and that included fuel ordered for America's allies. Rather...
...predicament of Prime Minister Edward Heath's government last week recalled a World War I cartoon of two British tommies huddled miserably in a crater at the shell-scarred front. "If you know a better 'ole," one says sharply to the other, "go to it." Like the tommies, the Prime Minister badly needs a better 'ole. Heath is faced with a crisis that shows no sign of immediate relief-and threatens to wreck the nation's economy. His confrontation with the country's coal miners has reduced Britain to such austerity measures to conserve energy...
...despite the new programs of the seventies, the problems still remain. It is important to note that finally the Chinese have come out of their shell with the emergence of these two new groups of community activists. With anti-poverty budgets being slashed across the country, it is necessary for the Chinese to become increasingly vocal in demanding their share of government...