Word: texaco
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...transplanted palm trees. "My writing is all from a particular neighborhood," she told TIME'S Jeff Melvoin. "I can pick any person on this street or the next and just be them." The titles fix the tone and set the stage (Easy Money, Coolsville, The Last Chance Texaco), while the songs spin out little narratives of hard luck and high spirits in the big town: "There was a Joe/ Leanin' on the back door/ A couple Jills with their eyes on a couple of bills/ Their eyes was statin'/ They was waitin'/ To get their hands...
Tempers will flare even more in the weeks ahead. Tight supplies have already forced nearly all oil companies to allocate deliveries to their retail outlets on a monthly basis, usually 90% or 95% of what the stations sold during the same month of 1978. Last week Texaco, Sun oil, Union and Exxon tightened their allocations still further, in the case of Exxon to 80% of the 1978 level. Thus, as summer progresses, drivers will find it increasingly difficult to buy gas toward the end of each month as service stations...
...major offenders, according to DOE, were Texaco, which is accused of some $888 million in overpricing, and Gulf Oil, with $578 million. Behind them came Standard Oil of California, Atlantic Richfield, Marathon Oil, Standard of Indiana and Standard of Ohio...
...Multinationals excluding government-owned oil companies operating in only one country. 1978 sales** Exxon $60,334,527,000 Royal Dutch/Shell $44,054,400,000 Mobil $34,736,045,000 Texaco $28,607,521,000 British Petroleum $27,390,915,000 Standard Oil of Calif. $23,232.413,000 Gulf Oil $18,069,000,000 Standard Oil (Indiana) $14,961,489,000 ENI (Italy) $12,500,000,000 Atlantic Richfield $12,298,403,000 Française des Pétroles $10,875,1 17,000 Continental Oil $9,455,241,000 Petrobrás (Brazil) $9,131,101,000 Elf -Aquitaine (France...
...biggest beneficiaries of all is the Arabian American Oil Co., the Delaware corporation that is jointly owned by Exxon, Texaco, Mobil and SoCal, and pumps the oil that flows from Saudi Ara bia. Last year the company earned profits of more than $580 million, but it paid no U.S. income taxes at all on its Saudi bonanza. In fact, it has paid no such taxes since...