Teddy Bared

September 1977
National Review;9/30/1977, Vol. 29 Issue 38, p1097
This article reports that U.S. Senator Edward M. Kennedy has introduced a bill that would keep major oil companies out of the coal and uranium businesses. The oil companies most deeply involved in coal are Conoco Inc. and Occidental. And those involved in uranium are Kerr-McGee Corp. and ARCO. Occidental and Kerr-McGee will not be affected by the Kennedy bill. However, if Conoco restricted coal production in order to boost the demand for oil, it would obviously incur loss and its competitors in both oil and coal would benefit.


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