Energy Tomorrow is brought to you by the American Petroleum Institute (API), which is the only national trade association that represents all aspects of America's oil and natural gas industry. Our more than 500 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry. They are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support all segments of the industry.
Today, the Federal Trade Commission (FTC) announced a new petroleum market "price manipulation" rule that could lead to a less competitive market--hurting American consumers of gasoline, diesel and other petroleum products. Furthermore, it could discourage companies from providing information to the marketplace.