Tag: Energy

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The following is an excerpt from the statement of Federal Trade Commission Chairman Robert Pitofsky and Commissioners Sheila F. Anthony and Mozelle W. Thompson explaining why they believe the consent agreement accepted on December 29, 1998, protects the interests of U.S. consumers and clarifying...
Shell Oil Company and its subsidiary, Tejas Energy, LLC, have agreed to divest approximately 171 miles of their natural gas pipeline system in Oklahoma and Texas in order to settle Federal Trade Commission charges that the firms' acquisition of gas gathering assets of The Coastal Corporation...
The Federal Trade Commission has reached a settlement agreement with Royal Dutch Shell and Exxon over charges that their proposed joint venture to develop, manufacture, and sell viscosity index improver -- an essential motor oil additive -- would reduce competition and violate federal antitrust...
Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entity. The Commission action makes the consent order binding on the respondent.
Shell Oil Company and Texaco, Inc., have agreed to divest a package of assets, including Shell's Anacortes, Washington, refinery; a Hawaiian terminal; and retail gasoline stations in Hawaii and in California, to settle Federal Trade Commission charges that their proposed joint venture could raise...
The Federal Trade Commission has approved as final a consent agreement with Exxon Corporation that has triggered the launch of a massive consumer education and advertising campaign. The campaign is informing consumers that regular gasoline, not high octane, is the right fuel for most cars. Exxon...
Consumers who were exposed to ads that claimed that Exxon high octane gasoline would reduce auto maintenance costs will get important new information from Exxon soon. In a landmark settlement of Federal Trade Commission charges that the ads were unsubstantiated and misleading, Exxon will run an...
Phillips Petroleum Company has agreed to divest approximately 160 miles of its natural gas pipeline system in Oklahoma as part of a settlement with the Federal Trade Commission over the firm’s acquisition of gas-gathering assets from ANR Pipeline Company. The settlement would resolve FTC charges...
The Federal Trade Commission today charged that Exxon Corporation has misled consumers by making unsubstantiated advertising claims for Exxon gasoline. The ads allegedly claimed that switching to Exxon gasolines generally -- or to Exxon 93 Supreme specifically -- will make engines cleaner and...
The Federal Trade Commission has begun efforts to repeal its Used Oil Rule as unnecessary and duplicative, and is seeking comments from the public on the proposed repeal for 30 days, until August 26.
The staff of the Federal Trade Commission has recommended that the Commission repeal its trade regulation rule on Games of Chance in the Food Retailing and Gasoline Industries, basing its conclusion on the fact that the costs of the rule outweigh its benefits and the abuses that led to the rule...
With gasoline prices rising and Memorial Day just around the corner, the Federal Trade Commission is offering some tips for travelers who want to cut the cost of driving. “Driving your car doesn’t have to drive you into the poor house,” said Jodie Bernstein, Director of the FTC’s Bureau of...
The Federal Trade Commission has proposed to repeal its 1964 Used Oil Rule as unnecessarily duplicative. The agency said the rule has been pre-empted in large part by the FTC’s Recycled Oil Rule, which the Commission promulgated in October 1995 as required by the Energy Policy Conservation Act (...
Amoco Oil Company has agreed to settle Federal Trade Commission charges that its "Crystal Clear Amoco Ultimate" advertising campaign included unsubstantiated claims that Amoco premium gasoline, because it is refined more than competitors' brands and is clear in color, delivers superior engine...
The Federal Trade Commission has given final approval to a consent agreement with Phillips Petroleum Company and Enron Corp., settling charges that Phillips' proposed acquisition of certain natural gas pipeline gathering systems owned by Enron subsidiaries would eliminate competition for natural...
The Federal Trade Commission has determined that an octane label proposed by Gilbarco, Inc. that is smaller than required under an FTC rule still would clearly and conspicuously disclose to consumers the octane level of the gas dispensed by the pump. The FTC therefore notified Gilbarco that it...
The Federal Trade Commission has issued a final rule to establish labeling requirements for non-liquid alternative fuels -- such as compressed natural gas, hydrogen, and electricity -- and alternative-fueled vehicles (AFVs) that will disclose cost and benefit information enabling consumers to...

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