Texaco Public Relations, 1970s
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Transcript
Transcripts may contain inaccuracies.
| - | How much do you think an oil company makes | 0:00 |
| on every dollar it takes in? | 0:02 | |
| 20 cents? | 0:04 | |
| 30 cents? | 0:05 | |
| 50 cents? | 0:07 | |
| 60 cents? | 0:08 | |
| If you said 60 cents, you said what most people say | 0:10 | |
| according to a recent national survey. | 0:12 | |
| At Texaco in 1974, | 0:15 | |
| we only made about 6 cents on every dollar. | 0:17 | |
| On the average for all petroleum and products sold, | 0:20 | |
| that's about 2 cents a gallon. | 0:23 | |
| Now let's see how these earnings were used. | 0:25 | |
| The money we made from the company's operations, | 0:27 | |
| plus funds we got by borrowing, | 0:29 | |
| were used partially to pay dividends | 0:31 | |
| to the 340,000 stockholders who invested their money | 0:33 | |
| in Texaco, partially to repay some of our debts, | 0:37 | |
| and most importantly, the biggest part, | 0:40 | |
| more than three fourths of the money was reinvested | 0:43 | |
| in the business to supply you with oil. | 0:45 | |
| So you see, the biggest part of what we earned and borrowed | 0:48 | |
| has been put back into the business | 0:51 | |
| to help continue supplying you with the oil you need. | 0:53 | |
| At Texaco, we're working to keep your trust. | 0:57 |
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