The Future of American Oil: The Experts Testify : Testimony Before the Congress of the United States |
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Page 43
... cartel price levels or production allocations . The proposed dissolution of American integrated petroleum companies , far from reducing OPEC's power , would increase it . There is historical evidence that it is actually easier to ...
... cartel price levels or production allocations . The proposed dissolution of American integrated petroleum companies , far from reducing OPEC's power , would increase it . There is historical evidence that it is actually easier to ...
Page 87
... Cartel , which was followed in 1953 by the filing of a lawsuit by the Department of Justice against seven large U.S. and foreign oil companies — the so - called “ seven sisters " —there has been a widespread belief that the foreign oil ...
... Cartel , which was followed in 1953 by the filing of a lawsuit by the Department of Justice against seven large U.S. and foreign oil companies — the so - called “ seven sisters " —there has been a widespread belief that the foreign oil ...
Page 95
The Experts Testify : Testimony Before the Congress of the United States. OPEC cartel , and delay the day when normal ... cartel and prolong its effectiveness . 6 Mancke examines whether conditions in the U.S. oil industry International ...
The Experts Testify : Testimony Before the Congress of the United States. OPEC cartel , and delay the day when normal ... cartel and prolong its effectiveness . 6 Mancke examines whether conditions in the U.S. oil industry International ...
Contents
LEGAL CONSEQUENCES OF DISMEMBERMENT | 1 |
THE ENERGY CRISIS AND THE OIL INDUSTRY | 27 |
THE EFFECT OF PETROLEUM DIVESTITURE ON PRICE | 39 |
Copyright | |
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accounting activities addition agreements American amount antitrust assets average barrel believe bill billion capacity capital changes coal Commission competitive concentration continue contracts Corporation costs crude oil debt demand divestiture domestic earnings economic effect energy equity estimates evidence example existing fact Federal financing firms foreign fuel funds higher important increase interest investment investors issues Kerr-McGee largest legislation less long-term lower major measure monopoly natural gas nuclear oil companies oil industry oil pipelines OPEC operating ownership percent period petroleum companies pipeline plans present problems production profits projects question rate of return ratio reasons reduce refinery refining relatively reserves result risk securities Senator share sources Standard structure substantial supply Table tion Trade transportation U.S. petroleum industry United utilities vertical integration