Word: richfield
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...California uproar seems to have been caused more by panic psychology than by actual shortage. Atlantic Richfield officials estimate that Southern California gas stations are getting only 5% less fuel to sell this month than they did in May 1978. That relatively small shortage has been enormously magnified by two factors...
...major offenders, according to DOE, were Texaco, which is accused of some $888 million in overpricing, and Gulf Oil, with $578 million. Behind them came Standard Oil of California, Atlantic Richfield, Marathon Oil, Standard of Indiana and Standard of Ohio...
...attract "favorable publicity to improve a donor's image." On the one hand, Bok proudly points out he once turned down a gift from the Papadopoulos regime which seemed designed to gain the goodwill of Greek-Americans. On the other hand, Steiner admitted that Harvard had accepted the Atlantic Richfield Company's offer to build a public affairs forum, even though "I'm sure ARCO hoped (the naming of the Forum) could have some favorable impact on its negative public image." True, ARCO has been repeatedly charged with price-fixing and other "unethical" behavior; but, says...
...president of Atlantic Richfield of Los Angeles, which is nearly as large as the Sisters themselves: "OPEC realizes that it doesn't need the internationals any more. Smaller companies can go directly to the producing state." From a time not long ago when the Sisters all but ran the nations that sold them their oil, the companies now find themselves largely reduced to hired contractors that pump out the crude...
...Royal Dutch/Shell $44,054,400,000 Mobil $34,736,045,000 Texaco $28,607,521,000 British Petroleum $27,390,915,000 Standard Oil of Calif. $23,232.413,000 Gulf Oil $18,069,000,000 Standard Oil (Indiana) $14,961,489,000 ENI (Italy) $12,500,000,000 Atlantic Richfield $12,298,403,000 Française des Pétroles $10,875,1 17,000 Continental Oil $9,455,241,000 Petrobrás (Brazil) $9,131,101,000 Elf -Aquitaine (France) $8, 341,081,000 *1977 **minus excise taxes...