FTC starts probe into crude-oil refiners

FTC starts probe into crude-oil refiners

There are 2 comments on the DispatchPolitics story from Jun 21, 2011, titled FTC starts probe into crude-oil refiners. In it, DispatchPolitics reports that:

The Federal Trade Commission confirmed yesterday that it has opened an apparently broad investigation into the companies that turn crude oil into gasoline, looking into whether they have engaged in anti-competitive practices or manipulation to drive up prices at the pump.

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johnny k

United States

#1 Jun 21, 2011
Good idea. As Ronald Reagan might have said, take these profiteers behind the wood shed and recover the profits to pay down the national debt.

Rochester, NY

#2 Jun 21, 2011
Why would any refiner want to increase their capacity? They love it when the cost is so high...they may lose a few customers, but most people can not afford to go without gasoline. What a deal the oil companies have....the security force in the world to protect all oil holes, the American Military, tax subsudies, no taxes to pay in the US, allowed to gouge you at the pump..no accountability. What a deal!

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