Word: mobilizing
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...special counsel, has brought 150 enforcement actions totaling $7.2 billion in claims against 35 large oil companies for violating the complex, controversial federal price regulations. So far the DOE has won consent decree settlements amounting to $660 million from Kerr-McGee, Cities Service, Phillips, Gulf, Mobil and other companies. They agreed to settle by posting lower future price increases than the maximum allowed under Government regulations. Getty also chose this method for the remaining $50 million of the consent decree. Now the pipeline is so loaded with pending claims cases that Government lawyers are requiring the companies to stand...
Edward Kennedy: Though his advisers include Keynesian luminaries Walter Heller, Joseph Pechman and Arthur Okun, Kennedy is playing down his 17-year Senate record as a liberal Big Spender and emphasizing his economic "pragmatism." Last week Mobil's outspoken public affairs vice president, Herbert Schmertz, joined the Kennedy campaign staff as a top media adviser, even though Schmertz has repeatedly condemned the Senator's attacks on the oil industry. Kennedy supports the budget-paring efforts of Carter, but he fought this year to protect social spending programs from major cuts and co-sponsored legislation for such programs...
...burned once for supporting Carter for president, may have the same feeling. A day after the coalition checked out of Washington, Kennedy snubbed DA's anti-big oil sentiments by hiring Mobil's Schmertz, the man who led the company's campaign against government regulation, to direct the advertising for his presidential...
...symbol of economic exploitation," Boudreau says. She adds that by opposing the companies that support nukes "we're striking right at the heart of the American economic system." Harvard's Top Ten Nuclear Related Investments Exxon Corporation $35,442,448 Standard Oil Co. of California $20,912,364 Mobil Corporation $18,360,622 Atlantic Richfield $17,465,122 Gulf Oil $15,969,160 General Electric Company $15,673,735 Getty Oil $11,765,924 Raytheon $9,585,634 Phillips Petroleum $8,996,703 Florida Power and Light $7,169,390 According to '78-'79 Financial Report
...Exxon $36,149,488 6. Schlumberger, Ltd. $28,412,199 7. General Reinsurance $24,090,120 8. Quebec Hydro-Electric $23,873,934 9. Standard Oil, California $20,912,364 10. Mobil...