Hearings, Reports and Prints of the Senate Committee on the JudiciaryU.S. Government Printing Office, 1980 - Administrative procedure |
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Page 622
... Crude Regulations and the Domestic Petroleum Industry , report . April 20 , 1979___ . 1156 Estimated Impacts of Oil Price Decontrol and Windfall Profits Taxation on U.S. Oil Producers , statement . Department of the Treasury . 1197 1050 ...
... Crude Regulations and the Domestic Petroleum Industry , report . April 20 , 1979___ . 1156 Estimated Impacts of Oil Price Decontrol and Windfall Profits Taxation on U.S. Oil Producers , statement . Department of the Treasury . 1197 1050 ...
Page 633
... crude oil and prob- able additional increases of OPEC prices , even more rapid growth of company profits in the coming years may be expected . The windfall profits tax , now making its way through Congress , will at most yield the ...
... crude oil and prob- able additional increases of OPEC prices , even more rapid growth of company profits in the coming years may be expected . The windfall profits tax , now making its way through Congress , will at most yield the ...
Page 634
... crude oil . Yet , having endlessly repeated this argument , these same companies are cynically investing billions in the acquisition of other companies in lines of business that are unrelated to the production of crude oil . The major ...
... crude oil . Yet , having endlessly repeated this argument , these same companies are cynically investing billions in the acquisition of other companies in lines of business that are unrelated to the production of crude oil . The major ...
Page 640
... crude production , 64 percent of petroleum reserves , and 55 percent of refining capacity . These eight controlled almost as large a market share as the 20 largest in 1955. The reason was mergers . $ 4.2 billion in assets disappeared to ...
... crude production , 64 percent of petroleum reserves , and 55 percent of refining capacity . These eight controlled almost as large a market share as the 20 largest in 1955. The reason was mergers . $ 4.2 billion in assets disappeared to ...
Page 641
... crude oil were independent stations . 3. In 1965 only Gulf Oil among oil firms was engaged in coal operations . Ten years later , eight oil firms produced 20 percent of the industry's output . Two of the top three coal companies , and ...
... crude oil were independent stations . 3. In 1965 only Gulf Oil among oil firms was engaged in coal operations . Ten years later , eight oil firms produced 20 percent of the industry's output . Two of the top three coal companies , and ...
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Common terms and phrases
Acquired Firm acquisitions action Administration agencies American Amoco antitrust assets attorney fees Becton Dickinson bill capital cash flow Chairman coal cocaine Colombia comity committee Company Delaware competition concentration concern conglomerate conglomerate mergers Congress Conoco cooperative Corporation costs court Delaware 100 Delaware 100.00 Mobil domestic drug abuse Drug Enforcement Administration economic effect efforts energy enforcement exploration Exxon Federal Federal Trade Commission foreign going Government heroin impact income increase interest international law investment involved joint ventures jurisdiction legislation Limited litigation marihuana McCLOY ment mergers million Mobil Oil motor narcotics oil and gas oil industry OPEC operations paraquat percent Petroleum Company political problem production profits proposed question refining regulations Senator BIDEN Senator DECONCINI Senator METZENBAUM Senator THURMOND small business statement statute subcommittee subsidiaries substantial Sunkist Texaco tion trafficking transactions triac United uranium voltage
Popular passages
Page 689 - For the purpose of this section, the term "refiner" shall not include any refiner whose total refinery capacity (including the refinery capacity of any person who controls, is controlled by, or is under common control with, such refiner) does not exceed 65,000 barrels per day. For purposes of this section, "control" of a corporation means ownership of more than 50 percent of its stock.
Page 1049 - It has, we believe been universally admitted that these words comprehend every species of commercial intercourse between the United States and foreign nations. No sort of trade can be carried on between this country and any other to which this power does not extend.
Page 1060 - branded independent marketer" means a person who is engaged in the marketing or distributing of refined petroleum products pursuant to — (A) an agreement or contract with a refiner (or a person who controls, is controlled by, or is under common control with such refiner...
Page 85 - First. That no member of the association is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, Second, That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum.
Page 514 - Each financial institution shall file a report of each deposit, withdrawal, exchange of currency or other payment or transfer, by, through, or to such financial institution, which involves a transaction in currency of more than $10,000.
Page 1039 - The Embassy of Canada presents its compliments to the Department of State and has the honour to refer to the...
Page 1088 - Act by maintaining monopoly power over refining and by, individually and with each other, restraining trade in maintaining a noncompetitive market structure in the refining of crude oil into petroleum products in the Eastern and Gulf Coast States and parts of the midcontinent.
Page 811 - ... challenge being made to mergers of the kind most likely to involve companies operating significantly below the size necessary to achieve significant economies of scale: (ii) where substantial economies are potentially available to a firm, they can normally be realized through internal expansion; and (iii) there usually are severe difficulties in accurately establishing the existence and magnitude of economies claimed for a merger. II. VERTICAL MERGERS 11. Enforcement policy. — With respect...
Page 138 - Equal Access to Justice Act". 1 Be it enacted by the Senate and House of Representa2 lives of the United States of America in Congress assembled, 3 That this Act may be cited as the "Equal Access to Justice 4 Act".
Page 85 - That the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers in an amount greater in value than the total amount of such business transacted by it with or for members.