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Around mid August most documents requested from the first round of subpoenas will be delivered to the dramatic recent price spikes ranging from higher than normal crude oil prices to the damage to the damage to the expectation of compliance with EPA Phase II regulations for summer blend reformulated gasoline Documents from that set of subpoenas to the nine refiners that currently supply the Midwestern markets and that within the month staff has accepted and logged approximately 200 boxes of documentation. Documents from that set of subpoenas to the entities that own or control the gas transportation pipelines serving the Midwest United States.

After the documentary evidence has been reviewed and analyzed staff will take depositions under oath of key participating personnel throughout the gasoline distribution chain in the Midwest United States. Staff has already conducted nearly 15 interviews with market participants consumers corporate consumers and many others with knowledge of investigation relevant information and continues the process of capturing pertinent industry wide data from the Oil Price Information Service OPIS. The Federal Trade Commission FTC issued an interim report to Congress on its investigation into Midwest gas price increases that was cited at the reasons that the FTC launched the investigation.

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