Huntsman calls on feds to investigate oil 'monopoly'
Republican presidential candidate Jon Huntsman says federal officials must investigate what he calls a monopoly of the oil industry. The former Utah governor won't blame specific companies, but compares the situation to media company domination in the 1970s that required government intervention. He wants the Federal Trade Commission and Senate Judiciary Committee to launch a speedy review of the oil industry. Ending the perceived monopoly is among the priorities for an energy policy Huntsman outlined at the University of New Hampshire Tuesday afternoon. He calls for more oil drilling in Alaska and elsewhere, less government regulation and investment in new technologies.
Today's poll question: Do you think the federal government should investigate the oil industry to determine whether or not it's operating as a monopoly?
comments powered by Disqus
Will EPA Kill Texas’ Energy Revolution?
Wall Street opens flat, S&P 500 near record
'Business Report' planner