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Oil majors gain coal control fuel policy concern
Oil companies now own large coal segments prompting 65 lawmakers to urge a federal anti trust probe. UMW says consolidation cuts competition and risks energy self sufficiency, while industry groups cite many independents and past DOJ reviews. Prices rise with profits for big producers.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
United States
United Mine Workers of America
Consolidation Coal Co
Continental Oil
Island Creek Co
Occidental Petroleum
Standard Oil of Ohio
Old Ben
Gulf Oil Corp
Midway
Falcon Seabord
Falcon Coal
UMW
Arnold Miller
National Coal Association
A. Mitchell McConnell
U.S
Justice Department
Ken Hechler
D-W. Va
Hechler
Congress
Edward H. Levi