POLICY: Oil Profits Under Fire

In the same marble-walled hearing room where Watergate witnesses were grilled last summer, high-ranking executives of the nation's seven biggest oil companies lined up last week behind a long, bare table for a harsh interrogation. Seated across from them were their inquisitors: nine members of the Senate's Permanent Subcommittee on Investigations. From the moment Chair man Henry M. Jackson called the meeting to order, it was obvious that the oilmen were in for a rough time. They found themselves under fire for accomplishing what has long been considered the goal of the...

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