Word: mobilizations
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...many drivers, says John Bell, owner of a Mobil station in Lexington, Mass., "have tried every trick in the book to beat the system, from 'My wife is about to give birth' to 'My daughter is sick.' It's incredible the sob stories you hear." In Wilkes-Barre, Pa. a woman argued for five minutes at pumpside that eight was not an even but an odd number. In San Diego, bribery reared...
...consumer who wanted to know where the power lay in the world oil business once had only to memorize the names of the "seven sister" international companies: Exxon, Royal Dutch/Shell, Gulf, Texaco, Mobil, California Standard and British Petroleum. Now he must also learn such less familiar names as National Iranian, Petromin and Pertamina. They are among a host of government-owned companies that are muscling in on the majors' market by taking over many of the seven sisters' operations outside...
...stands in the shadow of the world's biggest oil-producing firm, Aramco, which pumps virtually all of the 7.3 million bbl. produced daily in Saudi Arabia. King Faisal's government holds the largest share of Aramco (25%) in partnership with Exxon, Standard of California, Texaco and Mobil. The government has contracted to take over 51% of Aramco by 1982-and, according to reports last week, may demand 100% much sooner...
Last week the S.L.A. sent out another communique boasting of a second major crime and backed up its claim with a persuasive piece of evidence. Enclosed in an S.L.A. message mailed to a Berkeley radio station was a Mobil Oil Co. credit card issued to Randolph A. Hearst, 58, chairman of the board of Hearst Corp. and the youngest son of Founder William Randolph Hearst. Sixty hours earlier Hearst's daughter Patricia, 19, a sophomore at the University of California at Berkeley, had been dragged screaming from her off-campus apartment and driven off by kidnapers...
...production cutbacks to create a shortage the end of which no one can foresee. Politically, governments in the Middle East, Africa, Asia and Latin America are asserting ownership rights to more and more of the petroleum pumped out by the "seven sisters" of world oil: Exxon, Royal Dutch/Shell, Texaco, Mobil, Gulf, Standard of California and British Petroleum. By the 1980s, the international oil companies could become mere contractors in much of the world, pumping oil that host-country governments will own and selling exactly as much as those governments direct, to the customers and at the prices the governments select...