× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Energy / Oil Co. Profits #56794

ABC Evening News for Wednesday, Oct 24, 1979
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) 3rd quarter profits for Marathon, Mobil, Sohio and Citgo reported; sharp increases detailed. White House economy adviser Charles Schultze quoted re: profits and need for windfall profits tax. House action, reversing earlier decision, rptd; gasoline price controls said remaining until mid-1981 as result of reported profits.
REPORTER: Frank Reynolds

(DC) House speaker Tip O'Neill's sentiments with regard to oil company profits quoted; House television tape shown. [Representatives Herbert HARRIS, James COLLINS, Silvio CONTE - comment on profits.] House said voting on earlier legislature with regard to decontrol of gasoline prices. [Representative Jim COURTER - argues for decontrol.] Final vote detailed.

Hume, Brit;
Reynolds, Frank

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.