Senators Call for Oil Company Investigation

Senators Chuck Grassley (R-IA) and Amy Klobuchar (D-MN) are asking the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to investigate possible anticompetitive practices by oil companies that limit consumers' access to “homegrown renewable fuels.” The senators are urging the Obama Administration to take action to address recent reports indicating that oil companies may be undermining efforts to distribute renewable fuels, including higher ethanol gasoline blends.

Senator Grassley said, “The allegations from retailers about possible anticompetitive practices from Big Oil are disheartening, but not surprising, knowing the lengths Big Oil will go to in order to keep biofuels out of the fuel supply.” The National Corn Growers Association is supporting the efforts by the two senators.

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