Grassley, Klobuchar Ask For Further Study Concerning Big Oil Issue

By: WOWT 6 News Email
By: WOWT 6 News Email

Senators Chuck Grassley of Iowa and Amy Klobuchar of Minn. have asked the Justice Department and the Federal Trade Commission to further study possible anti-competitive practices regarding certain oil companies.

Grassley and Klobuchar forwarded a comprehensive analysis from the Renewable Fuels Association (RFA) detailing how some oil companies block the sale of renewable fuels.

The report from the RFA found that unbranded or independent stations are roughly four to six times more likely to offer E85 and 40 times more likely to offer E15 than stations carrying a “Big Five” oil brand.

The senators asked that the Justice Department and the Federal Trade Commission review the RFA report, investigate the claims and findings included in it, and reply with a substantive evaluation of the agencies conclusions regarding possible anticompetitive behavior by certain oil companies and any proposed solutions or actions the agencies will take to resolve this issue.


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