Oil firms reject Mobil call for price decontrol
Major oil producers dismissed Mobil Oil Corp. bid for phased decontrol as unworkable. C. John Miller of the Independent Petroleum Association questioned Mobil Chair Rawle Warner Jr. and urged repudiation of the plan to free the nation from foreign oil dependence.
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Mobil Oil Corp
C. John Miller
Independent Petroleum Association of America
Mobil
Rawleig Warner Jr
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Congress
Jackson predicts override if Ford vetoes oil controls
Sen. Henry M. Jackson predicts Congress will override President Ford's veto of oil price control legislation. He urged action amid public outrage over higher food and oil prices, saying windfall profits would come from decontrol. He cited CPI at 4.4 percent and noted grain sales to the Soviet Union.
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Congress
Mobil
Washington
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Senate
Harry Bridges
Shell OW Co
Mike Mansfield
Montana
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Associated Press
Henry M. Jackson
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Los Angeles
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