ABSTRACT

White Collar Crime in the Oil Industry, Joint Hearings Before the Subcommittee on Energy and Power of the Committee on Interstate and Foreign Commerce and the Subcommittee on Crime of the Committee on the Judiciary, House of Representatives, Ninety-Sixth Congress, First Session, May 30, and June 4, 1979   [open pdf - 19MB]

These are the May 30 and June 4, 1979 joint hearings on "White Collar Crime in the Oil Industry," held before the House Subcommittee on Energy and Power of the Committee on Interstate and Foreign Commerce and the Subcommittee on Crime of the Committee on the Judiciary. From the opening statement of John D. Dingell: "The Chair is very honored and pleased to announce the two subcommittees, the Subcommittee on Energy and Power and the Subcommittee on Crime, with Chairman John Conyers, are able to get together to deal with questions relating to oil pricing and similar matters. The 1973 Arab oil embargo and the resulting enormous price increases led to a number of well-recognized schemes to cheat on oil prices and to violate criminal laws prohibiting unjust enrichment and fraud. Millions of taxpayer dollars have been spent by the Departments of Energy and Justice to ferret out fraud and abuse in the oil industry over the past 6 years. These efforts have resulted in exactly one successful criminal prosecution-the chairman of the board of Florida Power. In 1976 the Subcommittee on Energy and Power held hearings on the 'daisy chain' cases where fuel oil had been fraudulently routed through numerous dummy corporations for the express purpose of illegally inflating the price in violation of price control laws." Statements, letters, and materials submitted for the record include those of the following: Kevin F. Boland, Herbert F. Buchanan, J.A. Canales, Dana E. Caro, Gerald Elsken, Richard M. Fishkin, Edwin F. Hallman Jr., Joseph E. Henehan, John C. Keeney, Joseph D. McNeff, Francis M. Mullen Jr., J. Dexter Peach, Marvin L. Rudnick, and Alan S. Zipp.

Report Number:
Serial No. 96-94; Serial No. 27
Publisher:
Date:
1980
Copyright:
Public Domain
Retrieved From:
U.S. Office of Justice Programs: https://www.ojp.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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