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Gas Shortage / Station Takeover #476161

NBC Evening News for Tuesday, Apr 16, 1974
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(Studio) Independent gas station owners say oil companies want to take them over for bigger profit. Some sue to prevent takeover.
REPORTER: John Chancellor

(Houston, Texas) Mobil refuses to renew lease on 4 year old station claiming not kept up to company appearance standards. Art Ballard says not true. 600 customers sign petition for him to keep station. In last month Mobil cut off gas supply and has tried to get courts to evict Ballard. [BALLARD - says they can buy his business if they want to, but they're trying to steal it. Promises to get shotgun if he has to.] Mobil spokesperson refuses to comment as suit in litigation. Ballard sues Mobil, says under federal fuel allocation rules, Mobil obliged to give him gas. Mobil and major oil companies say during shortage, stations must be modernized for better distribution of gas; stations deemed "marginal operators" may be closed.
REPORTER: George Lewis

(Studio) Company spokesperson says action fully warranted.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Lewis, George
Duration:
00:02:50

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