Word: americans
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Dates: during 1970-1979
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...energy supply for decades to come. It will be devilishly tempting for the government to do obeisance to the private sector and accede to the latter outcome. Our leaders may find the courage to withstand this powerful compulsion in a campaign that brands the oil companies "un-American" and paints a federally-owned oil corporation as an all-American answer. Activists should not be embarrassed about draping their proposals in the American flag. There are a number of ways a publicly-owned oil firm could appeal to traditional American values, and a number of themes activists can and should...
Supporters of a public firm can also call the major private oil bureaucracies disloyal. During the Yom Kippur War and the Arab oil embargo, American oil companies demonstrated they will not put their home country first--they restricted deliveries to the U.S. proportionally more than to other customers. It is simply foolish to leave all control of a commodity vital to our industry and military in the hands of men understandably motivated by profit alone. The traditional conservative concern for national security should be harnessed to support a federal oil company...
...rather than continuing today's practice of leasing it away at favorable terms to the private oil bureaucracies. The federal government owns at least half of domestic natural resources, and the same figure probably holds for oil. Ralph Nader likes to tell audiences they already control a majority of American oil resources. A more conservative Ford Foundation estimate several years ago placed the figure for domestic oil and gas at about 40 per cent...
...uncertain is that the government has permitted the oil bureaucracies to guard their knowledge closely and has no independent sources of information. The government has often respected estimates of reserves on public lands as the confidential "proprietary information" of the leasing companies. A free and open debate in the American tradition will not be possible on energy issues unless citizems receive accurate information...
...previous year, provoking a tremendous public outcry and numerous congressional investigations. Yet Congress took no serious action to prevent this from happening again once the furor faded. This year the percentage rises in profit have been up to three times as high. If the government cannot establish an "all-American" oil company now, it will lose the opportunity forever--the chance to join the rest of the Western, capitalist, industrialized world in fielding a state-owned competitor...