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...figures on their inventories of crude oil and refined products. On Saturday, Nixon promised to submit legislation requiring the oil firms to "provide a full accounting" of their inventories, reserves, production and costs. "I will not allow the American people to be victims of a snow job," he said. Exxon became the fifth major firm to make the disclosures. The companies' figures generally show that stocks of crude and most petroleum products are about the same as or slightly higher than a year ago, when the population was lower and there were far fewer cars on the road. Heating...

Author: /time Magazine | Title: POLICY: No Shortage of Skepticism | 1/28/1974 | See Source »

College by newspaper, which began on Oct. 4, is the concept of Caleb A. Lewis, project director at the University of California Extension at San Diego. It is financed by a $96,000 grant from the National Endowment for the Humanities and $42,500 from the Exxon Foundation. NEH is considering under writing additional courses on aspects of American life after the current one ends next month. Lewis would welcome the opportunity to continue and expand the program. "The person I want to reach most," he says, "is the guy who was turned off by school...

Author: /time Magazine | Title: Education: College by Newspaper | 1/21/1974 | See Source »

...peers and colleagues swiftly returned a verdict of guilty, and the paper was condemned for yet another year to twist slowly, slowly on the spit of resentment; fuel for fires in the rooms of theater people at Harvard long before the energy crisis was more than a twinkle in Exxon...

Author: By Bill Kuntz, | Title: Reviewing the Reviewers | 1/15/1974 | See Source »

...Revolution Army, or E.R.P., which kidnaped an Esso Argentina executive, Victor Samuelson, 36, a month ago. The terrorists have said that he will be "tried" to determine the "crimes" of multinational corporations. The implication was that if found guilty, Samuelson would be executed. The guerrillas added that Exxon, Esso's U.S. parent company, owed $10 million in "back taxes," payable to E.R.P. Last week Esso was still negotiating with the guerrillas on payment of the ransom, believed to be the largest ever demanded in Argentina...

Author: /time Magazine | Title: ARGENTINA: Trial by Terror | 1/14/1974 | See Source »

...ticket items to date are some 4,000,000 tons of grain, ten Boeing 707 jetliners valued at $150 million, and eight ammonia plants to be built by M.W. Kellogg Co. for $200 million. The Chinese are also anxious to do business with giant American oil companies such as Exxon, Mobil and Caltex, and makers of petroleum exploration and drilling equipment, including U.S. Steel International, Phillips Petroleum and Baker Oil Tools. Some analysts think that China may have huge undiscovered oil reserves...

Author: /time Magazine | Title: EAST-WEST TRADE: Great Leap Forward | 12/31/1973 | See Source »

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