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The World - News from April 30, 1986

Legislation to require five U.S. oil companies to stop doing business in Libya was introduced in the House by members who said that money from their operations is fueling “the murderous foreign policy” of Col. Moammar Kadafi. The five companies--Occidental Petroleum, Marathon Oil, W.R. Grace & Co., Conoco and Amerada Hess--pump about 100 million barrels of Libyan oil a year, producing about $2 billion in revenue.

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