to selected customers, and insisted that the Government must Impose cutsand provide the industry with a list of 'priority" customers" who would get first refusal an oil supplies.
companies the situation on ou sup plies and the current run-down of stocks is now becoming so serious that if no Government action is forthcoming the industry Itself will have to start nuucins all same time, however, they issued assur- deliveries to customers by the end of the month. It went on to say that stocks were supposed to have the Arabs--France, Spain and Britain- fallen to 70 days supply.
despite the fact that there was no a mass, unreported sinking of oil tankers in mid-Atlantic, or something was indeed fisby!
missing oil tankers" is suggested by a comment made in an article that appeared in the Financia Timer announced: backs could affect the destination of many tankers. These could be changed abruptly winle they were Yet from the start the oil componies launched a scare campaign. Off selling price, therefore we are left their own hat they cut back supplies On 15 November the Financial Times reported: "According to some In other words, 9 days stocks had been used up in the space of 30 days, reason why imports and production should bave fallen, Either there was One solution to the 'case of the Just after the mid-October cuts were - production cut-