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Oil Firms Say They're Legal in Antitrust Suit
In New York a Justice Department antitrust suit accuses Texaco of pressuring Coastal States to buy its crude oil in exchange for guaranteed refined sales. Texaco and Coastal States defend legality and cite fuel shortages as context. Lawyers say the case seeks to end the exclusive arrangement.
MENTIONED IN THIS ARTICLE
New York
UPD
Justice Department
Texaco
Texas
Coastal States
Houston
Baton Rouge
Hart Schaffner
Marx
Hickey - Freeman
Louisiana Senate
Senate
Ted Hickey
New Orleans