Shell Oil Company and Texaco Inc.

Last Updated:
In the Matter of Shell Oil Company and Texaco Inc.
FTC Matter/File Number:

971 0026

Docket Number:

C-3803

Enforcement Type:

Part 2 Consents

Case Summary

Shell Oil and Texaco settled allegations that their proposed joint venture would reduce competition and could raise prices for gasoline in Hawaii, California, and Washington and the price of asphalt in California. The consent order requires Shell to divest a package of assets, including Shell's Anacortes, Washington refinery; a terminal and retail gasoline stations in Oahu, Hawaii and retail gas stations, and a pipeline in California.