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Oil Firms Invited To Answer Cartel Charges
Five major U S oil companies faced formal replies to government charges of joining a Western cartel. Standard Oil of New Jersey and California, the Texas Company, Socony Vacuum, and Gulf Oil were named with Anglo-Iranian and Royal Dutch Shell. Senate Small Business Committee Chairman Sparkman set public hearings for Wednesday and Thursday to hear their defenses.
MENTIONED IN THIS ARTICLE
Washington
John Starkman
Alabama
Democratic
Nnominee
Senate Small Business Committee
Federal Trade Commission
FTC
Standard Oil of
New Jersey
California
the Texas Co
Socony- Vacuum
Gulf Oil
Anglo-Iranian Oil Co
Royal-Dutch Shell
Standard OT OF
Gail
Texas
Com
ETC
Middle East
Venezuela
United States
Sparkman
Business Committee