U.S. to Review Claims Oil Companies Undercut Renewables

Lock
This article is for subscribers only.

The U.S. Federal Trade Commission said it will examine allegations that oil companies may be undermining efforts to distribute renewable fuels.

The FTC will “evaluate” concerns that oil companies are blocking the distribution of renewable fuels by requiring retailers to carry premium gasoline, commission chairwoman Edith Ramirez said in a letter released today by two U.S. lawmakers who had called for an inquiry.