Tags: Huntsman | Energy

Huntsman Calls for Investigation of Oil 'Monopoly'

Tuesday, 01 Nov 2011 03:11 PM

DURHAM, N.H. (AP) — Republican presidential candidate Jon Huntsman says federal officials must investigate what he calls a monopoly in 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 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.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
InsideCover
DURHAM, N.H. (AP) Republican presidential candidate Jon Huntsman says federal officials must investigate what he calls a monopoly in the oil industry.The former Utah governor won't blame specific companies but compares the situation to media company domination in the...
Huntsman,Energy
103
2011-11-01
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved