The Wall Street Journal: FTC Acts Against Two Oil Companies
“The launch of a formal investigation means the FTC has the authority to issue subpoenas to Shell”
By JEFFREY BALL and EMILY CHASAN
Staff Reporters of THE WALL STREET JOURNAL
July 8, 2004; Page A3
In two moves to crack down on alleged efforts to keep gasoline prices high, the Federal Trade Commission said it launched a formal investigation into the planned closing of a Royal Dutch/Shell Group refinery in California and it reinstated an antitrust complaint against Unocal Corp.
The commission’s actions come in the wake of record U.S. gasoline prices, which climbed to an average of more than $2 a gallon nationwide this year before pulling back a bit recently. The moves also come as the commission is under fire for failing to police the petroleum industry, most recently in a General Accounting Office report that concluded oil-company mergers approved by the commission in recent years contributed to higher gasoline prices. read more
*This website and sisters
royaldutchshellgroup.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website,
shellnews.net, and
shellwikipedia.com, are owned by
John Donovan - more information
here. There is also a
Wikipedia segment, the
Shell DPA Files,
"Shell and the Spies", the
Shell Leaks files, the
Independent Shell Archive, as well as books written and published by John Donovan -
Kindle eBooks.
Timeline of the Donovan Shell Feud.
Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years.
*All conjured up by internet wizz,
Nick Gill.