NBC Evening News for Monday, Oct 15, 1979
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(Studio) Report introduced
REPORTER: John Chancellor
(Portsmouth, New Hampshire) Oil companies' preference for selling jet fuel rather that heating oil examined. Allegations by oil company executive with regard to companies incrd. production of jet fuel due to higher profits rather than preparations for winter with regard to lower-price home heating oil outlined [EXEC. - discusses co. policy.] Energy Department figs. said confirming high priority given jet fuel product by oil companies; details given. Texaco and Shell reported making plans to completely cut off some home heating oil dealers and customers; Texaco confirmation of pull- out in 16 states rptd Map shown Shell corporate decision to pull out of home heating oil business in certain areas of US detailed. [Shell spokesperson Ron HALL - comments on company decision.] Shell's attempts this summer to cut off Portsmouth, New Hampshire, home heating oil supplier detailed. [Senator John DURKIN - calls it corporate irresponsibility of highest order.] Upcoming winter's situation considered; competition between individual home owners and large airlines noted. [EXEC. - says homeowner will suffer.]
REPORTER: Brian Ross