Oil price-hike decision failed to boost oil output
GAO report finds the $1 per barrel price rise ordered by the Nixon administration in December did not raise crude oil production. The study cites limited outside analysis and questions the haste to move ahead, noting oil companies gained about $1.6 billion windfall with no subsequent action to curb it.
MENTIONED IN THIS ARTICLE
Wassingtun
General Accounting Office
GAO
Donald M. Fraser
Dminn
Treasury
George P. Shultz
Cost of Living Council
CLC
GAQ
Addi
Tive AU Lam Edils
Fraser
Nader seeks to see Ford for citizen access
Consumer advocate Ralph Nader, barred from White House by previous administrations, seeks an appointment with President Ford within the next three weeks. He argues presidents should meet with citizens and open communication with consumer and environmental groups.
MENTIONED IN THIS ARTICLE
Consumer
Solar bills approved for solar and geothermal research
Washington lawmakers approved two compromise bills authorizing research into solar power for biome heating and cooling and developing geothermal power for commercial uses. The measures, totaling 60 million dollars over five years, were sent to the White House for final action.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Four Oil Firms Repay Overcharges to Customers
Washington reports the Federal Energy Administration says four oil companies Conoco Charter Ashland and Koch have already complied with remedial orders totaling 58.2 million to make up alleged overcharges from the first half of the year. The agency clarified a prior Tuesday announcement noting compliance in past months.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Administration
FEA
Conoco
Charter
Ashland
Koch
FTC Bans Pyramid Marketing Tactics Across Cosmetics
The Federal Trade Commission ruled to outlaw pyramid marketing schemes used in cosmetics and apparel. The plan rewards recruiters with bounties or shares, urging constant signups and risking money for new participants who fail to recruit. Symbravette Inc was cited along with Koscot International and Holiday Magic in charges of deceptive practices.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Symbra Ette Tnc
Scotts, Valley
Calif
Raul Rand Dixon
Stephen’ Nye
Koscot International
Florida
Glenn
W. ‘Nunez
Holiday Magic
William Penn Patrick
California
Symbra
Ette
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Nader
Ford
ZankAmericard
Ac Jordons Jewelers
Helubitos
Gordons
Cerritos Shopping Center
Gairiel Fwy
Northridge
City of Industry
Gordon's
Wadet
London
Vey Vo Chon Tea
Gordon
Port Drytvermanua
England
America
U.S.A
Mitchell
Ait Fsb
Heddon
Roo
Gloaiwe Oiawa
Long Beach
Long Beach Blvd
South Gate
Firestone’ Blvd
Reguler
Populas
Mon Vine
Deluke
Lakewood
Lakewood Blvd
Candlewood
Fullerton
Orangeth
Torrance
Hawthorne Blvd
Costa Mesa
Harbor
Berkeley
Nylow
Garden Grove
Chapman
Brookheri
Downey
Firestone
Merass
Stonewood
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