Tag: Energy

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Commission approval of staff comments: The Commission has approved the filing of staff comments with Washington, DC, Councilmember Mary Cheh regarding the “divorcement” provisions of the District’s Retail Service Station Act, which prohibit the operation of retail gasoline services in the District...
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...
The Commission issued an administrative complaint and initiated federal court action to block Western Refining, Inc.’s $1.4 billion proposed acquisition of rival energy company Giant Industries, Inc. to preserve competition in the supply of bulk light petroleum products, including...
We examine retail gasoline station pricing using three years of weekly prices for 272 stations in the Virginia suburbs of Washington, DC. We report a number of new empirical findings about station level pricing and describe how these findings relate to existing models of retail...
Enterprise Products Partners L.P. settled charges that its $1.1 billion acquisition of TEPPCO Partners’ NGLs salt dome storage businesses would likely result in higher prices and service degradations by reducing the number of commercial salt dome NGL storage providers in Mont Belvieu...
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...
The Federal Trade Commission today issued a report entitled “Investigation of Gasoline Price Manipulation and Post-Katrina Gasoline Price Increases.” The report details the results of an intensive, Congressionally-mandated Commission investigation into whether gasoline prices nationwide were “...
The Federal Trade Commission today launched an enhanced oil and gas Web site designed to provide consumers with clear information on the issues surrounding the price of gasoline and what they can do to get the most out of every gallon they buy.
The order settles charges that the proposed $22 billion deal whereby energy transportation, storage, and distribution firm Kinder Morgan, Inc. (KMI) would be taken private by KMI management and a group of investment firms, including private equity funds managed and controlled by The...
Testifying today on behalf of the Federal Trade Commission before a hearing of the U.S. Senate Committee on the Judiciary regarding consolidation in the energy industry, Commissioner William E. Kovacic detailed the FTC’s efforts to protect competitive markets in the production, distribution, and...
Federal Trade Commission Chairman Deborah Platt Majoras today testified before a joint Senate hearing of the Committee on Commerce, Science and Transportation and the Committee on Energy and Natural Resources, detailing the FTC’s extensive experience in enforcing the nation’s antitrust laws...
Commission approval of proposed divestiture: On May 6, 2005, Magellan Midstream Partners, L.P. (Magellan) filed a petition requesting the Commission’s approval of the proposed divestiture of certain assets recently acquired from Shell Oil Company (Shell). Under the terms of the FTC’s consent order...
Testifying today on behalf of the Federal Trade Commission before the U.S. Senate’s Committee on Commerce, Science, and Transportation, FTC Associate General Counsel for Energy John Seesel detailed the FTC’s varied initiatives to protect competitive markets in the production, distribution, and...

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