The Oil Industry’s Covert Campaign to Rewrite American Car Emissions Rules [The New York Times]
Marathon Petroleum Corporation (MPC)
Last marathon petroleum corporation earnings: 1/29 06:30 am
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Source: The New York Times
“With oil scarcity no longer a concern,” Americans should be given a “choice in vehicles that best fit their needs,” read a draft of a letter that Marathon helped to circulate to members of Congress over the summer. Official correspondence later sent to regulators by more than a dozen lawmakers included phrases or sentences from the industry talking points, and the Trump administration’s proposed rules incorporate similar logic. The industry had reason to urge the rollback of higher fuel efficiency standards proposed by former President Barack Obama. A quarter of the world’s oil is used to power cars, and less-thirsty vehicles mean lower gasoline sales. In recent months, Marathon Petroleum also teamed up with a secretive policy group within the Koch network, the American Legislative Exchange Council, to draft legislation for states supporting the industry’s position. Its proposed resolution , dated Sept. 18, describes current fuel-efficiency rules as “a relic of a disproven n
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MPC
Earnings
- 1/30/24 - Beat
MPC
Sec Filings
- 3/14/24 - Form DEF
- 3/14/24 - Form ARS
- 3/14/24 - Form DEFA14A
- MPC's page on the SEC website