Royal Dutch Shell Group .com Rotating Header Image

FTC: Shell Not Trying to Boost Gas

MSN News: FTC: Shell Not Trying to Boost Gas

27 May 2005

All Associated Press News LOS ANGELES (AP) – Shell Oil Co. wasn’t trying to tighten gasoline supplies and boost prices in California when it decided to close a Bakersfield-area refinery, federal regulators concluded.

The Federal Trade Commission announced Wednesday that it would end a yearlong antitrust investigation that found no evidence the oil company was involved in a price-gouging scheme in California, which had the nation’s highest gas prices.

 

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Comments are closed.