Tag: Gasoline

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The market for fuel ethanol in the United States is unconcentrated, and the industry is less concentrated today than it was ten years ago, according to the Federal Trade Commission’s 2014 Report on Ethanol Concentration.
In response to requests from stakeholders, the Federal Trade Commission has extended the deadline for the public to submit comments on proposed changes to its Fuel Rating Rule. The deadline to submit comments will be extended from June 2, 2014, until July 2, 2014.
The Federal Trade Commission is resuming its regulatory review of the Fuel Economy Guide. The agency seeks comments on potential updates to the Guide, which helps facilitate the use of fuel economy information in advertising.
La Comisión Federal de Comercio está enviando por correo cheques de reembolso por un valor total de $42,580.45 a 1,274 consumidores que compraron un aditivo para combustible que no tenía utilidad alguna conocido como EnviroTabs.
The Federal Trade Commission is mailing refund checks totaling $42,580.45 to 1,274 consumers who bought a worthless fuel additive called EnviroTabs. Its marketer, Green Foot Global LLC, touted it as the “World’s 1st Multi-Vitamin for Your Engine!” and falsely claimed it would increase fuel...
The Federal Trade Commission is proposing changes to its Fuel Rating Rule, which determines the fuel rating that appears on fuel pump labels, how octane levels are calculated, and helps to inform consumers about proper fuel for their vehicles.
The market for fuel ethanol in the United States is unconcentrated, with 156 firms nationwide either producing ethanol or likely to begin producing ethanol in the next 12 to 18 months, according to the Federal Trade Commission’s 2013 Report on the State of U.S. Ethanol Production. The lack of...
Under a settlement with the Federal Trade Commission, the marketers of a fuel additive called EnviroTabs will pay $800,000 for consumer redress and are prohibited from making false, misleading, or unsubstantiated claims that EnviroTabs, when added to any type of fuel, will increase fuel efficiency...
The Federal Trade Commission is mailing 58,234 refund checks to consumers who lost money to Green Millionaire, an online scam whose “free” book explained how to power cars and homes at no cost, and then billed them for an online magazine they never ordered.
The Federal Trade Commission closed its nine-month investigation into Tesoro Corporation’s acquisition of BP p.l.c.’s southern California marketing and refining assets, in particular BP’s Carson Refinery near Los Angeles. In a statement issued today, the Commission said the proposed acquisition is...
In response to requests from stakeholders, the Federal Trade Commission has reopened the public comment period, until April 1, 2013, on a recent proposal to update EnergyGuide label information and issue special labels for refrigerators and clothes washers to help consumers compare products in the...
The Federal Trade Commission today issued a Bureau of Economics staff report examining trends in the petroleum industry and how they have affected gasoline prices between 2005 and early 2011.  It concludes that while a broad range of factors influence the price of gasoline, worldwide crude oil...
The Federal Trade Commission will require Irving Oil Terminals Inc. and Irving Oil Limited (collectively, Irving) to relinquish the rights to terminal and pipeline assets in Maine that Irving acquired from ExxonMobil, to maintain competition in gasoline and distillates terminaling services in the...
The Federal Trade Commission is requiring Pilot Corporation, owner of the largest travel center network in the United States, to sell 26 locations as part of a settlement that will replace the competition lost because of Pilot’s proposed $1.8 billion acquisition of Flying J Inc.’s travel center...
The Federal Trade Commission today issued a Final Rule that will prohibit market manipulation in the petroleum industry. The Rule will prohibit fraud or deceit in wholesale petroleum markets, and omissions of material information that are likely to distort petroleum markets. The FTC’s approval of...
The Federal Trade Commission today announced it will not continue with administrative litigation challenging Western Refining, Inc.’s acquisition of Giant Industries, Inc. The vote to dismiss the administrative complaint was 3-2, with the Commission majority issuing a statement explaining its...
Market factors explain increases in the national average retail price for gasoline during the spring and summer of 2006, according to a report sent to the President today by the Federal Trade Commission and the U.S. Department of Justice’s Antitrust Division.
Commission approval of staff comments: The FTC has approved the filing of comments by the staffs of the Bureau of Competition, Bureau of Economics, and Office of Policy Planning with Connecticut Representative Christopher Stone regarding the regulation of wholesale and retail gasoline prices...
Testifying today on behalf of the Federal Trade Commission before the U.S. Senate’s Committee on Commerce, Science, and Transportation, FTC Chairman Deborah Platt Majoras described the major issues addressed in the report released Monday entitled “Investigation of Gasoline Price Manipulation and...

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