Texaco Sees Problems This Winter: The third-largest...

Texaco Sees Problems This Winter: The third-largest U.S. oil company launched a multimillion-dollar ad campaign to encourage energy conservation nationwide, saying supplies this winter could reach uncomfortable levels. “While Texaco expects manageable, but perhaps not comfortable, supplies of gasolines, home heating oil and other fuels this winter, we believe the individual conservation efforts of consumers and businesses can significantly enhance the margin of safety,” said Texaco President and Chief Executive James W. Kinnear.