Word: naderized
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Dates: during 1970-1979
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...Ralph Nader yesterday urged consumers to organize against the monopolistic attitude of major oil companies...
...Nader told about 1300 people in a speech sponsored by the Ford Hall Forum at Northeastern University that consumers should form their own energy policy...
President Carter has agreed to lift price limits because the oil companies want the higher prices and profits, Nader said. "All oil in this country will be sold by American companies at OPEC (Organization of Petroleum Exporting Countries) prices if the price restraints are lifted," he added...
...Nader said the companies have ignored market prices since the time John D. Rockefeller's Standard Oil monopoly at the turn of the century. Large companies expand further by buying out smaller companies, he added...
...Nader shared the platform last night with Samuel Schwartz, senior vice-president of Continental Oil. Schwartz said, "Although cash earnings have tripled, so have the expenditures. All of this investment goes back into the field of energy...