Tag: gasoline prices

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Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Arko Holdings Ltd.’s acquisition of Empire Petroleum Partners, LLC would violate federal antitrust law.
Arko Holdings Ltd. and Empire Petroleum Partners, LLC have agreed to divest retail fuel assets in local gasoline and diesel fuel markets across four states to settle Federal Trade Commission charges that Arko’s proposed acquisition of Empire would violate federal antitrust law.
Arko Holdings Ltd. and Empire Petroleum Partners, LLC have agreed to divest retail fuel assets in local gasoline and diesel fuel markets across four states to settle Federal Trade Commission charges that Arko’s proposed acquisition of Empire would violate federal antitrust law. The...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy, LLC’s proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, “Hollingsworth”)...
Tri Star Energy, LLC, Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, which operate fuel outlets and convenience stores, agreed to settle FTC charges that Tri Star’s acquisition of retail outlets and related interests of Hollingsworth would violate...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Marathon Petroleum Corp.’s proposed acquisition of Express Mart would violate federal antitrust law.
Marathon Petroleum Corp., an Ohio-based energy company, has agreed to certain conditions to settle charges that its proposed acquisition of Express Mart would violate federal antitrust law. Marathon’s wholly owned subsidiary Speedway operates the second-largest chain of company-owned and -operated...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the proposed $3.3 billion acquisition of 1,100 Sunoco retail fuel outlets by the Tokyo-based parent company of 7-Eleven would violate antitrust law.
Seven & i Holdings Co., Ltd, the Tokyo-based parent company of the 7-Eleven network of convenience stores, has agreed to certain conditions in order to settle Federal Trade Commission charges that its proposed $3.3 billion acquisition of approximately 1,100 retail fuel outlets from Sunoco would...
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 relationships is mixed and highly dependent on the size and duration of the outage,...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that oil refiner Tesoro Corporation’s recent acquisition of petroleum-related assets of Chevron Corporation would have reduced competition and violated U.S. antitrust laws.
Oil refiner Tesoro Corporation and one of its subsidiaries have agreed to sell their light petroleum products terminal in Boise, Idaho to settle Federal Trade Commission charges that their $335 million acquisition of pipeline and terminal assets from Chevron Corporation would be anticompetitive. ...
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...
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 within...
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 “...

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