Texaco, 1970s
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Transcript
Transcripts may contain inaccuracies.
- | Hey, this is Bob Hope | 0:01 |
and I'd like to show you how some of the owners | 0:02 | |
of America's oil companies live. | 0:04 | |
A lot of them look very much like people, you know, | 0:07 | |
it isn't surprising. | 0:09 | |
They're Texaco stockholders, who, along with more | 0:10 | |
than 2 million other Americans are investing | 0:13 | |
in America's oil industry. | 0:16 | |
In six companies alone, over half of them are women. | 0:18 | |
Almost half are retired. | 0:22 | |
Another 12 million Americans have invested | 0:24 | |
through organizations which invest their money | 0:26 | |
for them such as mutual funds. | 0:29 | |
Over 90 colleges and universities depend | 0:31 | |
on part of their income for investments in oil companies. | 0:34 | |
So do about 1000 charitable and educational institutions. | 0:37 | |
Who owns America's oil companies? | 0:42 | |
Over 14 million Americans. | 0:43 | |
Some 370,000 of them with Texaco alone. | 0:45 | |
That's a lot of people who put their trust | 0:50 | |
in companies like Texaco | 0:52 | |
and we're working to keep that trust. | 0:54 |
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