Government Scrutiny Of Energy Industry Is Heating Up

Law360, New York (June 8, 2011, 2:38 PM EDT) -- Following the Obama administration’s recent creation of the inter-agency Oil and Gas Price Fraud Working Group, the oil and gas sector is experiencing a heightened level of scrutiny.

Letter to FTC Chairman

On Tuesday, May 17, four U.S. senators (Harry Reid, D-Nev., Chuck Schumer, D-N.Y., Patty Murray, D-Wash., and Claire McCaskill, D-Mo.) wrote a letter to the chairman of the Federal Trade Commission citing unspecified “concerns” and “allegations” that refiners might have agreed to cut back on gasoline supplies in order to keep gasoline prices high....
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