WASHINGTON (AFX) — Gasoline prices have been boosted by as much as 5 cents per gallon as a result of mergers in the U.S. petroleum industry, according to a congressional study. More than 2,600 mergers have occurred in the industry since the 1990s, most often between firms involved in exploration and production, the report by…

This article is for Subscriber members only.
Register
Already a member? Log in here