European Commission Accuses Statoil, BP and Shell of Fixing Oil Prices

May 23, 2013 by  
Filed under Green

Photo via Shutterstock Oil giants make an enormous amount of money, but that doesn’t stop them from manipulating the law to yield additional profits. Last week the offices of Statoil, BP, and Shell were raided by officials from the European Commission , who charged them with fixing prices for crude oil, biofuel and refined oil products. The US Justice Department is being strongly encouraged to investigate whether or not the behavior was repeated Stateside. Read the rest of European Commission Accuses Statoil, BP and Shell of Fixing Oil Prices Permalink | Add to del.icio.us | digg Post tags: attorney general eric holder , BP , ed davey , energy secretary , EU , European Commission , guvnor , international organisation of securities commissions , mcgraw-hill financial , oil , platts , Shell , statoil , total , urals , us justice department        

Go here to see the original: 
European Commission Accuses Statoil, BP and Shell of Fixing Oil Prices

Comments

Comments are closed.



Bad Behavior has blocked 1327 access attempts in the last 7 days.