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Oil Profits / Aramco / Senate Subcommittee #30727

ABC Evening News for Wednesday, Mar 27, 1974
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(Studio) Senate subcommittee zeros in on immense oil profits, particularly ARAMCO.
REPORTER: Howard K. Smith

(Capitol Hill) [Senator Frank CHURCH believes ARAMCO's profits rise as oil prices increase] [Senator Edmund MUSKIE - asks ARAMCO Vice President if company doesn't represent legit. interests of American consumer.] [ARAMCO Vice President J.J. JOHNSTON - doesn't think company has much negotiating power with Arab cntrys.] [CHURCH - thinks ARAMCO benefits from higher prices while consumer suffers.)
REPORTER: Roger Peterson

Peterson, Roger;
Smith, Howard K.

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