SCANDALS: European Oil Assault

In recent weeks, the flow of imported oil to Western Europe has picked up so smartly that the threat of winter shortages has all but vanished, and those nations that had begun gasoline rationing have abandoned it. Yet in country after country, the multinational oil companies are coming under a raking fire of criticism strikingly similar to the attacks made on them in the U.S., where shortages are severe. They are being accused of taking advantage of the oil crisis to force up prices and force out independent competitors. As a result, the...

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