[Arabian American Oil Company]. United States District Court [...] Investigation of World Arrangements with relation to the production, transportation, refining and distribution of petroleum in Possible Violation of Title 15 U.S.C. Sections 1-23.

Washington, D.C., 1. VIII. 1952.

4to. 4 typescript pp. Stapled.

 1,500.00

Subpoena for Aramco: a key document of the 1952/53 Grand Jury investigation inquiring into charges that an international cartel controlled the world's oil market.

The subpoena instructed Aramco to appear before a Washington Grand Jury and produce hundreds of documents, comprising substantially all their records relating to foreign operations for the past 25 years.

The Grand Jury proceedings arose from a lengthy report to the Federal Trade Commission on petroleum operations of two foreign and five American companies and their subsidiaries and affiliates in the production of crude oil and petroleum products in foreign lands. In 1953 Aramco's motion to be dropped as a defendant was granted. On 21 April 1953 the Department of Justice filed a civil suit against the Standard Oil Company (New Jersey), Socony-Vacuum Oil Company of California, Texas Company, and Gulf Oil Corporation, charging them with establishing a "combination and conspiracy and monopolization" in violation of the Sherman Antitrust Act and the Wilson Tariff Act.

A rare survival.

Foreign relations of the United States, 1952-1954. General: economic and political matters (in two parts) Volume I, Part 2 1952/1954, 1351.

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