Oil Giants Conspiring To Discourage Biofuel, Suit Says

Law360, New York (February 2, 2011, 2:03 PM EST) -- A manufacturer of vegetable oil-based diesel fuel has launched a suit accusing Exxon Mobil Corp., Chevron Corp. and other major oil companies of conspiring to promote a new industry standard aimed at discouraging the use of biofuels.

The oil companies have used their influence to encourage standard-setting body ASTM International to promulgate a standard that would effectively promote petroleum-based diesel at the expense of alternative types, according to a suit Plant Oil Powered Diesel Fuel Systems Inc. filed Tuesday in the U.S. District Court for the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.