Word: giantsâ
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Over the years Socal was joined by three other oil giants???Exxon, Texaco and Mobil?to form the Arabian American Oil Co. (Aramco). Western-owned oil companies in the Middle East were able to drive one-sided bargains with the weak, quarreling and often ignorant Arab regimes. The corporations controlled exploration, production, shipping and marketing, and paid the governments as little as they could...
...increase in the income tax, a group called Save Our State put $77,000 into the unsuccessful drive to promote the sales tax. Forced by court order to open its books, S.O.S. was found to be financed almost entirely by three corporate giants???the Anaconda Co., the Montana Power Co. and Burlington Northern Inc.?they hoped a sales tax would lead to relief of their heavy property taxes...
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