Word: exxon
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...procession of limousines crammed the White House driveway last Friday, as 50 of the most powerful leaders of U.S. business accepted an invitation for an off-the-record exchange of views with ranking Administration officials. Among them were the chiefs of Exxon, General Electric, Du Pont, Merrill Lynch, National Steel, B.F. Goodrich and Boeing. The Administration was engaged in one of the most ambitious public relations campaigns to be aimed at the business community since Lyndon Johnson's day. The goals: to build support for Carter's tax package and to reassure business leaders, who have been unimpressed...
...economy was plunging headlong into the worst economic downturn since the 1930s, and such cynical profit taking gave the oil companies a black eye. Few can forget how, in their annual reports for 1974, the oil companies showed hefty increases in their profits over the preceding year: Exxon up 28.6%, Gulf up 33%, Mobil...
...also rather indirect, at least in the sense that the giant gas producers, which are also the big oil producers -Exxon, Texaco, Standard Oil of Indiana, Mobil and Gulf-struck an above-the-battle pose and rarely got down into the pit themselves. Said David Foster, executive vice president of the Natural Gas Supply Committee, the producer-sponsored lobby that operates on an annual budget of $500,000 to $750,000: "To attempt to lobby this issue on the concerns of the producers of natural gas is an impossibility. When it's your customers who are saying they...
...another key, and the computer spits the names of those 113 paying customers. Among them are the departments of State, Treasury, Commerce and Justice and two dozen other federal agencies. Then there are Morgan Guaranty, Bank of America, Citibank and a score more banks, and American Can, Dow Chemical, Exxon, Shell, among many other industrial giants...
Opposition to the bill was led by the United States Chamber of Commerce, the National Association of Manufacturers. The Business Roundtable, Exxon, General Motors and other smaller corporations. They operated more subtly than Nader, but with a larger budget...