MSN News: FTC: Shell Not Trying to Boost Gas: “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…”  (ShellNews.net) Posted 27 May 05

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.

http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20050526&ID=4848304

Click here for ShellNews.net HOME PAGE