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- W73918345 abstract "The higher prices that led Texaco to divert oil from its Caribbean refinery to Europe early this year may have contributed to US oil shortages and higher prices. This action, while not illegal, is a common response to US price controls. A number of utilities and companies were adversely affected when their supplies of No. 2 fuel oil, residual oil, and jet fuel were cut. Others were more affected by the higher prices. Texaco's participation in the sales is reviewed. Few industry sources were found who agree with DOE's position that the products naturally moved toward the unregulated internatonal market and that this had little effect on US supplies. Tables summarize the change in dockside value of imported crude oil between 1978 and 1979 and between refiner's fuel prices." @default.
- W73918345 created "2016-06-24" @default.
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- W73918345 date "1979-09-03" @default.
- W73918345 modified "2023-09-24" @default.
- W73918345 title "Oil sales to Europe boosted US prices: spot market lured Texaco, others" @default.
- W73918345 hasPublicationYear "1979" @default.
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