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Economy / Auto and Oil Companies #509989

NBC Evening News for Wednesday, Apr 23, 1980
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(Studio) Decr. in new car sales since 1st of April reported; details given. Contd. incr. in 1st quarter profits for oil companies, giving Exxon highest profit in US bus. history, noted.
REPORTER: John Chancellor

(NYC) Oil industry's defense of profit increases examined. [Shell vice president Robert THOMPSON - comments.] Profit increases for Exxon, Amoco, Texaco, Shell out- lined on screen. [Oil expert Sal ILACQUA - comments on OPEC (Organization of Petroleum Exporting Countries) price increases] Predictions concerning oil company profits last year recalled.
REPORTER: Mike Jensen

Chancellor, John;
Jensen, Mike

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