Oil Company Ownership of Pipelines: Staff Report of the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary of the United States SenateU.S. Government Printing Office, 1978 - 157 страници |
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1st sess 2d sess Amoco Antitrust AOPL Arco Assistant Attorney Atlantic Richfield Atlantic Richfield Co barrels Cities Service Colonial Pipeline Committee commodities clause common carrier pipelines competitive Cong Consent Decree report Consumer Energy Act Continental Pipeline crude oil Deepwater Port Department of Justice divestiture divorcement Elkins Act Exxon gasoline Gulf Oil Corp hearings Hepburn Act Hereinafter cited independent refiners integrated oil companies investigation Johnson joint venture major integrated major oil companies Market Performance monopoly nonowners oil company ownership Oil Corp oil industry oil pipelines operations percent Petrofina Petroleum Industry petroleum pipelines petroleum products Phillips PICA PIPE LINE COMPANY pipeline owners pipeline rates pipeline systems pipeline transportation problems product pipelines profits purchaser railroads refineries regulation Senate Comm Shell Pipeline Corp ship shipments shippers Standard Oil Company Subcomm tankage tariffs Texaco Texas throughput tion trans Union Oil Union Oil Co valuation vertical integration Wolbert
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Страница 16 - ... industrial situation, typified by this narrative of the growth of the Standard Oil Company. That our first task is to secure free and equal transportation privileges by rail, pipe and waterway is evident. It is not an easy matter. It is one which may require operations which will seem severe; but the whole system of discrimination has been nothing but violence, and those who have profited by it cannot complain if the curing of the evils they have wrought bring hardship in turn on them. At all...
Страница 5 - Before the Subcomm. on Antitrust and Monopoly of the Senate Comm. on the Judiciary, 90th Cong. 2d Sess. 714-18 (1968). 37. See pp. 7-9 supra. 38. The term "economic loss...
Страница 107 - ... pipes stop. The change is not material to our view of the case. Availing itself of its monopoly of the means of transportation the Standard Oil Company refused through its subordinates to carry any oil unless the same was sold to it or to them and through them to it on terms more or less dictated by itself. In this way it made itself master of the fields without the necessity of owning them and carried across half the continent a great subject of international commerce coming from many owners...
Страница 151 - Decision and Report to Congress on the Alaska Natural Gas Transportation System (Executive Office of the President, Energy Policy and Planning, September 1977), as enacted into law by HJ Res.
Страница 14 - ... transportation and if these economies are to be passed along to the consumer in the form of lower prices.
Страница 114 - ... Pipe Line Cases, supra, at 560. And see Valvoline Oil Co. v. United States, supra. We may also assume for purposes of argument — no such facts ever having been before this Court — that the generality of the term "all pipe lines" was meant to impose full regulation on integrated producer pipe lines who exploit a competitive advantage simply by refusing to deal with independent producers having no comparably cheap method of reaching consuming markets. But it would be strange to suppose that...
Страница 7 - The third question your statement of concern raises is whether the control of common carrier transportation facilities by the major oil. companies is contributing to the decline of the independent segment of the industry. My answer is, "yes." Apco, and other independents, do have difficulty obtaining access to the common carrier transportation system to move crude to our refineries when it is needed there. There are a number of reasons given why the so-called common carrier...
Страница 120 - Whatever the legal remedy invoked, the first requirement for efficient prosecution is to proceed against every combination which is blocking the distribution of a product from the raw material to the consumer. Combinations exist at every stage of the industrial process. An aggressive combination compels others to combine in defense. Indeed it is often as difficult to find out who is the moral culprit as to define the term "aggressor
Страница 114 - ... markets. But it would be strange to suppose that Congress, in adopting a term broad enough to cover all competitive imbalances which might arise, intended that the Commission should make common carriers for hire out of private pipe lines whose services were unused, unsought after, and unneeded by independent producers, and whose presence fosters competition in markets heavily blanketed by large "majors.
Страница 120 - This proceeding Is being instituted under the Department's policy of taking up In a single investigation or proceeding all of the restraints which affect the distribution of a product from the raw material to the consumer. Only in this way can economic results be achieved. Piecemeal prosecutions against segments of an industry are both costly and inconclusive. They do not raise the fundamental issues which the Court should decide, and therefore do not clarify the law. They allow restraints of trade...