[lbo-talk] Oil Companies Intentionally Limited Refining Capacity To Drive Up Gasoline Prices

[Jordan Hayes]

Santa Monica, CA -- The Foundation for Taxpayer and Consumer Rights
(FTCR) today exposed internal oil company memos that show how the
industry intentionally reduced domestic refining capacity to drive up
profits. The exposure comes in the wake of Hurricane Katrina as the oil
industry blames environmental regulation for limiting number of U.S.
refineries.

[ ... ]

http://www.consumerwatchdog.org/energy/pr/?postId=5110

Interesting stuff here:

http://www.consumerwatchdog.org/energy/fs/