Event

The oil companies’ joint position for the OPEC talks, 1971

In 1970–71 the major oil companies asked Washington for antitrust permission to coordinate their answer to OPEC; the Justice Department gave limited assurances on 15 January 1971.

2 links, 2 backed by primary records

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Dates
Dec 1970 – Jan 1971

Connections 2

involved

  • U.S. Department of Justice gave the companies limited antitrust assurances on 15 January 1971 Primary record 1
  • OPEC the producers whose demands the companies sought permission to answer together Primary record 2
Timeline 1 date
  1. Dec 1970 – Jan 1971 The oil companies’ joint position for the OPEC talks, 1971
Proof 2 sources
  1. Telegram From the Under Secretary of State (Irwin) to the Department of State (FRUS 1969–1976, vol. XXXVI, doc. 74), U.S. Department of State, Office of the Historian. Primary record
    the US had given the oil companies certain limited assurances regarding the application of anti-trust laws, but had done so only on January 15, 1971.
  2. Telegram From the Department of State to Certain Diplomatic Posts (FRUS 1969–1976, vol. XXXVI, doc. 66), U.S. Department of State, Office of the Historian. Primary record
    McCloy asked whether Department could be helpful with Department of Justice in obtaining permission under anti-trust laws for companies to coordinate response to OPEC demands.
Page history 1 change
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