Rigged

Article Abstract:

The Federal Trade Commission (FTC) may block the takeover of Atlantic Richfield by BP Amoco. The FTC claims that the acquisition would give the company dominance in petroleum production in Alaska, and the FTC argues that the new company's pricing power could be used on the US west coast. There are doubts as to whether the company would possess such pricing power, and petroleum could be bought elsewhere. The FTC's move may be a reflection of changes in attitudes toward regulation at the FTC.

Atlantic Richfield Co., BP PLC, ARC

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The key to a scandal

Article Abstract:

A French corruption scandal, and the relevance of the extradition of a former senior executive from Elf to France, are examined in detail.

France, Political corruption, Elf Aquitaine Oil and Gas Co.

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Beware the Ayatollahs: oil regulation in Texas

Article Abstract:

Carol Keeton Rylander was re-elected head of the Texas Railroad Commission, which regulates to oil industry. Her opponent, Hector Uribe, had proposed to close down the commission and replace it with one civil servant elected by the governor. Neither the oil industry nor the governor supported Uribe.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Energy Regulation-Oil Producers, Texas, Powers and duties, Energy law, Texas. Railroad Commission of Texas

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