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Cooperation Not Competition in US Oil Industry Shift
The article outlines how major oil firms faced rising costs and growing independent competition, sharing markets and pipelines while resisting full competition. It notes declines in profits despite high sales, looming domestic demand, and potential refinery capacity constraints, plus government price controls and an FTC anti trust case accusing eight majors of monopoly practices.
MENTIONED IN THIS ARTICLE
Fens
Iuins
Tavist
Nixon
United States
Cnntral
O Il
Exxon
Texaco
Gulf
Mobil
Standard of California
Standard of Indiana
American
Shell
Tenneco
Atlantic Richfield
Phillips
Continental
Sun
Union Pacific
Union Oil
Cities Service
Getty
Standard of Ohio
Marathon
Tesourtes
Monlier
Thei
Cae Journal
Americal Petroleum
Washington
Interior Department
Office of Air and Puty
Audost
Pricw
Hart Oil
Siles
Texas
Louisiana
Commission
Texus Commission
Federal Trade Commission
James Malverson
FTC
Competition Bureau
Senate
Texas Railroad Commission
Skaimery
Caplieg
Rasta
Thes Maju Companis
Pike
Shire Atong
Federal
Rade Commission
Becatio
Office of Oil and Gas
Lincoln
Office of Emergency Preparedness
Renleigh Warner, Jr
Chalervan
Congress
Federal Tie Commission
T He
PTC
Newts Adh