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HomeMy WebLinkAboutResolution No. 6784RESOLUTION NO. 6784 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA CONDEMNING THE OIL INDUSTRY AND DEMANDING NATIONALIZATION AND REGULATION OF SAME WHEREAS, the words, deception, fraud, "ripoff", monopoly, corruption, greed, avarice, irresponsibility and conspiracy, best describe the major oil companies .in the United States, and WHEREAS, these same major oil companies, through their actions, have caused undue inconvenience, both physically and economically, to the citizens of this country, and WHEREAS, the President and Congress of the United States, through their inaction, and the same major oil companies, have created a climate which not only allows, but encourages, excessive .increases in gasoline prices, which have accelerated far beyond the Presidential guidelines .in his Anti -Inflation Program, and WHEREAS, the President and the Congress of the United States, have not required these major oil companies to .invest their profits in development of new sources of oil, but instead have allowed them to purchase entities such as circuses, department stores and -other businesses not related to the oil industry, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa, speaks on behalf of every citizen of the United States, whose cries are not being heard, in demanding that the President and the Congress of the United States .immediately take steps to regulate the oil industry and if necessary, to nationalize this .industry. Adopted and approved this -'7th day of May , 1979. I hereby certify that the foregoing resolution was duly adopted by the City Council of the City of Azusa at a regular meeting thereof held on the 7th day of May 1979, by the following vote of the Council: AYES: Councilmen:' i Decker, Fr.y;' Moses, ,S61ein NOES: Councilmen: .. Cruz ABSENT: Councilmen: N6n'e City Clerk