Evening Republican, Volume 20, Number 142, Rensselaer, Jasper County, 14 June 1916 — GASOLINE PRICE QUIZ CONCLUDED [ARTICLE]

GASOLINE PRICE QUIZ CONCLUDED

Representatives of Standard Oil and Other Companies Give Explanations of Situation. Washington, June 13. —The federal trade commision concluded today its investigation of the rise of gasoline prices ending a two days final hearing after representatives of Standard Oil and various independent companies had given divergent explanations of the present situation in the industry. A report based on the hearings and on the results of weeks of investigation by the commission’s agents, will be made public soon. The independent jobbers and refiners who appeared before the commission were virtually unanimous in placing responsibility for increases on the Standard Oil companies, who, they charged, had refused to compete and had fixed prices.