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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Sep 06, 1974

Page

7

Senate backs oil import quota for U.S. tankers

The Senate approved a bill to require a portion of U.S. oil imports to be carried on American tankers, a move praised as bolstering shipbuilding and national security but opposed as adding inflation. The measure faces House differences and possible conference action, with a 42 to 28 vote.

Washington UPI Senate U.S House Russell Long Dla United States Norris Cotton Rana Cotton American Petroleum Institute

Interior objects to strip mining bills threaten veto

The Department of Interior filed 14 objections to House and Senate strip mining bills, signaling potential presidential veto. Secretary Rogers C B Morton criticized surface owner provisions in both bills, saying they threaten private land rights and could impose $300 million in federal costs in year one.

Washington Department of Interior House Senate Interior Rogers C.B. Morton Department Morton Plains

Oil giants indicted for price fixing in New York

Seven major oil companies Mobil Exxon Texaco Amoco Gulf Shell and Sunoco were indicted in Manhattan Supreme Court on charges of fixing competition to push independent gas stations out of business. The grand jury alleged they restrained price competition in markets with few independents and used discriminatory rebates. Exxon Mobil Gulf also faced a separate ant bidding conspiracy over city and state fuel contracts. If convicted fines could reach 50 000 per company and three firms risk five year bans from selling to government entities if immunity waivers were refused.

New York UPD Mobil Exxon Texaco Amoco Gulf Shell Sunoco Manhattan Supreme Court Fixxon

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Long Ford Sen Warren E. Magn D-Wash Commerce Committee Barry M. Goldwater R-Ariz AMPEX North Long Gil Bailey Our National Bureau Ancien Ducient Fort, KY Figen Bourson Vanity Long Beach Long Beach Blvd Lae Ganemai Lakewood &Lvd Westminster Beach Slyd Hwy Lars Louis J. Lefkowitz Lefkowitz Mt. Shasta California
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