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The Federal Trade Commission has issued its 2016 Report on Ethanol Market Concentration, an annual report required by the Energy Policy Act of 2005 “to determine whether there is sufficient...
The Federal Trade Commission has withdrawn its acceptance of a proposed consent order that would have required energy company Energy Transfer Equity, L.P., to divest assets in settlement of charges...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that energy investor ArcLight Energy Partners Fund VI, L.P.’s acquisition of Gulf Oil...
The Federal Trade Commission will require energy investor ArcLight Energy Partners Fund VI, L.P., to divest its ownership interest in four light petroleum product terminals in Pennsylvania, as part of...
The Federal Trade Commission has issued its 2015 Report on Ethanol Market Concentration, an annual report required by the Energy Policy Act of 2005 “to determine whether there is sufficient...
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...
Texas-based energy company Par Petroleum Corporation will terminate its storage and throughput rights at a key gasoline terminal in Hawaii, to settle Federal Trade Commission charges that Par’s...
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...
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...
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...
The Federal Trade Commission issued an administrative complaint against Ferrellgas Partners, L.P and Ferrellgas, L.P. (doing business as Blue Rhino) and UGI Corporation and AmeriGas Partners, L.P....
Following a public comment period, the Federal Trade Commission has approved an application by Tesoro Corporation and Tesoro Logistics Operations LLC (Tesoro) to sell its petroleum-related terminaling...
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...
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...
The Federal Trade Commission has approved an application by energy company Kinder Morgan, Inc. requesting FTC approval for the company to sell certain natural gas pipeline and other assets to...
Federal Trade Commission Chairman Jon Leibowitz issued the following statement regarding the recent spike in gasoline prices in California: “The Commission is keenly aware of recent gasoline price...