Tag: Energy

Displaying 161 - 180 of 326 results.

Marathon-Ashland Petroleum’s (MAP) 1999 acquisition of the Michigan assets of Ultramar Diamond Shamrock (UDS) increased MAP’s share of terminal storage in Michigan from about 16 percent to about 25 percent and increased the share of gasoline stations bearing a MAP brand from about 16...
The consent order permitted Valero L.P. to acquire Kaneb Services LLC and Kaneb Pipe Line Partners subject to the divestitures of assets that will preserve existing competition for petroleum transportation and terminaling in Northern California, Pennsylvania, and Colorado, and avoid...
Under the terms of the consent orders Chevron and Unocal will cease enforcing Unocal’s patents covering reformulated gasoline that complies with California Air resources Board Standard, will not undertake any new enforcement efforts related to the particular patents, and will cease...
Operators who sent illegal spam and made deceptive claims for a bogus fuel-saving product that doesn’t save fuel have settled Federal Trade Commission charges that their e-mail and Web sites violated federal laws. The settlements bar violations of the FTC Act and the CAN-SPAM Act, and bars the...
Commission approval of proposed divestiture: The FTC has granted approval for Enterprise Products Partners L.P. (Enterprise) and Dan L. Duncan to divest the Enterprise Propane Storage Interest in Hattiesburg, Mississippi, to Enbridge Midcoast Energy, L.P., a wholly owned subsidiary of Enbridge...
Commission approval of final consent orders: The Commission has approved a final consent order concerning Enterprise Products Partners L.P. (Enterprise) and GulfTerra Energy Partners, L.P. related to the merger of the two companies, and approved a letter to the commenter of record. The Commission...
The Federal Trade Commission has asked a U.S. district court judge to shut down an operation that used illegal spam to make deceptive claims about an “automotive fuel saver” that doesn’t save fuel. The FTC charges that the spam violates the CAN-SPAM Act and the deceptive claims violate the FTC Act...
Enterprise Products Partners L.P. settled charges that its $13 billion merger with GulfTerra Energy/Partners L.P. would eliminate competition in two markets: the pipeline transportation of natural gas from the West Central Deepwater region of the Gulf of Mexico; and propane storage...
The Federal Trade Commission today announced that Enterprise Products Partners L.P. (Enterprise) has agreed to make several divestitures to settle allegations that the $13 billion merger of Enterprise and GulfTerra Energy Partners L.P. (GulfTerra) would harm competition.
Under terms of a consent order, Magellan completed its acquisition of pipelines and terminals in the Midwestern United States and a refined petroleum products terminal in Oklahoma City that supplies light petroleum products such as gasoline and diesel fuel from the Shell Oil Company...
Under the terms of a consent agreement with the Federal Trade Commission announced today, Magellan Midstream Partners, L.P. (Magellan) will be able to complete its proposed $492.4 million acquisition of selected pipeline and terminal assets from Royal Dutch Petroleum Company (Shell), provided it...
The consent order settled charges that Buckeye's proposed acquisition of five refined petroleum products pipelines and 24 petroleum products terminals in the United States from Shell Oil Company would reduce competition in the market for the terminaling of gasoline, diesel fuel, and...
Under the terms of a consent agreement with the Federal Trade Commission announced today, Buckeye Partners, L.P. (Buckeye) will be permitted to complete its proposed $517 million acquisition of selected refined petroleum pipelines and terminals from Shell Oil Company (Shell). To protect...
  The Federal Trade Commission today issued a report by staff of the Bureau of Economics entitled, “The Petroleum Industry: Mergers, Structural Change, and Antitrust Enforcement.” The report presents a detailed overview of structural changes in the petroleum industry and describes Commission law...
The Federal Trade Commission will hold a media availability on Friday, August 13, 2004, at 11:00 a.m.
This report updates two earlier FTC studies on mergers and structural change in the U.S. petroleum industry. Reviewing industry developments since the 1980s, this report finds, among other things, that concentration in crude oil at the country or company level has remained relatively...
In testimony today, the Federal Trade Commission told the Subcommittee on Energy and Air Quality of the House Committee on Energy and Commerce that the price of crude oil, not mergers in the petroleum industry, is the major factor in determining gasoline prices at the pump. William Kovacic, FTC...
The Federal Trade Commission has issued a Consumer Alert entitled, “Dubious ‘Gas-Saving’ Gadgets Can Drive You to Distraction,” that informs consumers about both gas-saving devices with questionable benefit and “tried and true steps to deal with rising gas prices.” The U.S. Environmental...

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