Financial Times FT.com

BP and Exxon ‘inflated US gas prices’

By Toby Shelley

Published: December 20 2005 10:17 | Last updated: December 20 2005 10:17

ExxonMobil and BP face antitrust action in Alaska as a homegrown pipeline project company accused them of withholding gas from the market and inflating the price paid for gas by US households.

The Alaska Gasline Port Authority proposes to build a line parallel to the existing trans-Alaska oil pipeline and in competition with a gas pipeline project of ExxonMobil and BP.

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