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Exxon / Crude Oil Overchg. Lawsuit #499626

NBC Evening News for Friday, Jun 09, 1978
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(Studio) Exxon's denial of government chgs. that company has overchgd. crude oil customers since 1973 reported.
REPORTER: John Chancellor

(DC) Congress increase in price of certain categories of crude oil during Arab oil embargo of 1973 detailed; films shown. Energy Department chgs. against Exxon and company's denial, at its Houston headquarters, detailed. Chgs. re: Exxon's field near Hawkins, Texas. Chgs. against other oil companies for overchging. during and after embargo noted. [Energy Department spokesperson Carl CORALLO - estimates amount overchgd.; says extent won't be known until research is completed.] Govt. attys.' request for funds to be turned over to United States Treasury, if government wins case, reported.
REPORTER: Robert Bazell

Bazell, Robert;
Chancellor, John

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