Tag: Energy
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The Commission required Irving Oil Terminals Inc. and Irving Oil Limited 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 South Portland and Bangor/...
As part of their ongoing efforts to keep markets that they oversee open and fair for American consumers, the Federal Trade Commission and Commodity Futures Trading Commission (CFTC) today announced that they signed an agreement to foster further cooperation between the two agencies by helping them...
The market for ethanol fuel in the United States is still unconcentrated, with 160 firms nationwide either producing ethanol or likely to be in production within the next 18 months, according to the Federal Trade Commission’s 2010 report on the state of U.S. ethanol production.
Following a public comment period, the Federal Trade Commission has approved a final
FTC Submits Comment to EPA on Proposed Rule Concerning Confidentiality of Greenhouse Gas Data
FTC Staff Expresses Support for Proposed Modification to New Jersey Gasoline Pricing Law
The FTC required 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 network. Pilot...
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...
This paper presents new evidence of asymmetric pass-through, the notion that upward cost shocks are passed through faster than downward cost shocks, in U.S. gasoline prices. Much of the extant literature comes to seemingly contradictory conclusions about the existence of an asymmetry...
Studies of gasoline prices in multiple countries have found a repeated sequence of asymmetric cycles where a sharp price increase is followed by gradual decreases. This price pattern is linked to Maskin & Tiroles (1988) theoretical duopoly pricing game that produces a similar...
Sunoco’s 2004 acquisition of El Paso’s, New Jersey refinery and Valero’s 2005 acquisition of Premcor’s Delaware refinery significantly consolidated refinery control in the U.S. Northeast. The Federal Trade Commission investigated both transactions but challenged neither. We examine...
Commission Issues 2009 Report on U.S. Ethanol Market Concentration
The Commission has issued the “2009 Report on Ethanol Market Concentration.” This is the FTC’s fifth annual report on the state of ethanol production in the United States, as required by the Energy Policy Act of 2005. The report...
FTC Issues Compliance Guide For Its Petroleum Market Manipulation Regulations
The Federal Trade Commission’s staff has prepared a guide to help businesses and individuals comply with the anti-fraud provisions of the Energy Independence and Security Act of 2007 (EISA) and the FTC’s Petroleum Market...
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...
