| |
| | The Seven Sisters Still Rule | TIME |
 | | Flushed with their success in quintupling the price of petroleum, the OPEC countries were about to nationalize their oilfields, which would strip the Sisters of ownership of much of their crude reserves. |
 | | In the consuming countries, meanwhile, the Sisters faced painful marketing adjustments brought on by high prices and, in the U.S., a strong congressional drive to bust the oil majors into many smaller pieces. |
 | | Economically, in the first three months of this year, the Sisters sold 38% of all the oil moving in world trade, about as large a proportion as ever. |
| www.time.com /time/magazine/article/0,9171,946053,00.html (616 words) |
|