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Energy Crisis / Texaco #230745

CBS Evening News for Friday, Jan 11, 1974
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(Studio) Texaco releases facts with regard to oil supplies. Suspicions aroused.
REPORTER: Walter Cronkite

(Chicago, Illinois) Airlines complain Texaco won't deliver allotted jet fuel to O'Hare airport.
REPORTER: Richard Roth

(Los Angeles, California) Texaco dealer Marvin Bailey now recs. 1/2 of last yr.'s fuel supplies. [BAILEY - thinks Texaco gives his station whatever gasoline it feels like.] Texaco insists no gasoline withheld.
REPORTER: Terry Drinkwater

(Studio) Texaco's reason for lower supplies and less distribution outlined.
REPORTER: Walter Cronkite

(No location given) [Texaco oil company president John K. McKINLEY - says main effects of Arab oil embargo being felt now. At time of embargo, supplies built up in US.] United States supplies at low ebb now.
REPORTER: Robert Schakne

(Studio) Other oil companies put on spot by Texaco's release of data. Amoco, Mobil release own figures. Exxon and Phillips discuss data disclosure. Sunoco studies situation.
REPORTER: Walter Cronkite

Cronkite, Walter;
Drinkwater, Terry;
Roth, Richard;
Schakne, Robert

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