This is a lie. Working people are not to blame for this crisis and we should not have to pay for it. The heat shortage was deliberately created by the giant energy corporations. They want higher prices and will stop at nothing to get them.

The energy profiteers--Exxon, Texaco, Gulf, Mobil, and a handful of others--shed no tears if factories are closed and millions are thrown out of work. They do not care if schools are shut down.

They care for one thing only: profit.

The energy trust has conspired to curtail production and create an artificial shortage. With their hand on the throttle of natural gas production and shipment, they are holding the entire country hostage in the freezing winter to achieve their goal of higher prices and profits.

Vital information about this crisis is kept secret by the corporations and the government. How much gas is really available? What reserves are untapped? What is the real cost of producing this gas?

Carter piously urged the oil and gas companies to "be honest." But they are not honest! The only way to uncover the truth is to open the records of the energy corporations to public scrutiny so that committees of trade unionists and consumers can examine them.
 
February 11, 1952
Little-known facts about American investments in the privately owned Suez Canal Company, which operates the canal for profits, has been disclosed by Washington columnist Robert S. Allen in the Feb. 2 N.Y. Post. "The American stake in this strategic waterway," he says, "is far greater than generally realized."

Allen's information reveals part of the true reasons--which are strictly imperialist--why Washington has been secretly preparing for armed intervention against the Egyptians and has been putting tremendous pressure on Egypt's government to come to terms with British imperialism. Somerville Pinkney Tuck, former U.S. ambassador to Egypt, is one of the directors of the Suez Canal Co.

About one-fourth of the stock of this company is now owned by American citizens.

"More American-owned oil passed through the Canal in 1950 and '51," reports Allen "than that of any other country, including Britain, heretofore the leading oil power in the Middle East."

The Rockefeller-controlled Standard Oil interests are directly behind the threats and economic blackmail Washington has been using on Egypt.

"Only a few hints have leaked out so far," states Allen of the "strenuous U.S. efforts" to beat the Egyptians into line. Allen repeats his previous statement, reported in last week's Militant, disclosing that 6,000 U.S. Marines have been ready to move into Egypt "within a few hours."  
 
 
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