Report
Report to Congress on Ethanol Market Concentration (December 2015)
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Report
The Determinants of Plant Exit: The Evolution of the U.S. Refining Industry
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This paper analyzes factors that affect the exit and expansion of U.S. petroleum refineries using plant-level capacity data from 1947 to 2013. We find that larger refineries are less likely to close...
Report
Simulating a Homogeneous Product Merger: A Case Study on Model Fit and Performance
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This paper studies Tesoro’s 2013 acquisition of British Petroleum’s Los Angeles refinery. We present a merger simulation model tailored to the gasoline market, which includes Cournot firms and a price...
FTC’s 2014 Report Finds U.S. Ethanol Market Remains Unconcentrated
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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...
Report
Tax Pass-Through in Gasoline and Diesel Fuel: The 2003 Washington State Nickel Funding Package Increase
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This paper considers a previously unexamined increase in excise taxes on gasoline and diesel fuel that were part of Washington State’s Nickel Funding Package of 2003. We fail to reject full pass...
Report
The Impact of Outages on Prices and Investment in the US Oil Refining Industry
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This paper considers the effects of refinery outages (due to planned turn-arounds or unplanned events) on current petroleum product prices and future refinery investment. Empirical evidence on these...
FTC Extends Deadline for Comments on Proposed Changes to Fuel Rating Rule
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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...
FTC Resumes Review of Fuel Economy Guide
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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...
FTC Sends Refunds to Consumers Duped by Marketers Who Claimed Fuel Additive Could Drastically Increase Fuel Economy and Reduce Emissions
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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...
FTC Proposes Changes to Fuel Rating Rule
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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...
FTC’s 2013 Report Finds U.S. Ethanol Market Remains Unconcentrated
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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...
Marketers Who Claimed Fuel Additive Could Drastically Increase Fuel Economy and Reduce Emissions Settle with FTC
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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...
FTC Returns Almost $2 Million to Consumers Harmed by 'Free Gas for Life' Scam
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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...
FTC Closes Investigation into Tesoro's Acquisition of BP Refinery
Date
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...
Displaying 101 - 120 of 180