Lubrizol Crude Oil Refund Upheld

Law360, New York (February 2, 2007, 12:00 AM EST) -- Electric utilities were denied a larger share of crude oil refunds Thursday when a district court judge ruled to maintain a Department of Energy award of $550,000 to Lubrizol Corp.

Several utilities, including Consolidated Edison Company of New York Inc., San Diego Gas & Electric Company and Pacific Gas & Electric Co., filed a class action lawsuit against the DOE and Secretary Samuel Wright Bodman for awarding Lubrizol the $550,000 crude oil refund.

The utilities and manufacturers wanted to divide the money among themselves and a...
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