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Energy / Oil Co. Overchgs. #61111

ABC Evening News for Tuesday, Aug 14, 1979
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(Studio) Energy Department reported claiming massive overchgs. by 15 top oil companies after 1973 Arab oil embargo; investigation into possible overchgs. during current oil shortage announced.
REPORTER: Frank Reynolds

(DC) Total amount of overchgs. in 1973-76 period noted include billion $ amts. attributed to Exxon, Texaco and Gulf; figs. listed on screen. Audit from which information obtained said not yet completed; details given. Last wk.'s Energy Department report in which oil industry was exonerated on hoarding allegations recalled; criticism of report by Energy Department noted Press Secretary Jody Powell quoted with regard to report Info. contained in report said possibly provided only by oil companies
REPORTER: Bettina Gregory

Gregory, Bettina;
Reynolds, Frank

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