Senate Democrats

Tag oil stockpiling

McCaskill, Senate Democratic Leadership Call For Investigation Into Gasoline Price Fixing By U.S. Refiners

Senators Send Letter To Federal Regulators Expressing Concern Over Signs of Refiners Stockpiling Oil To Keep Prices High Refiners’ Output Has Dropped 900K Barrels Per Day Since Last Year, But Profit Margins Have More Than Doubled In That Span Washington, D.C.—With new reports suggesting that refiners are cutting back on U.S. gasoline stockpiles in order…