Oil Investigation

OKLAHOMA CITY (AP) - The Oklahoma Attorney General's office is
looking into concerns that Canadian oil is being dumped on Oklahoma
markets, driving down the price Oklahoma oil producers receive for their product.

Attorney General Drew Edmondson says he has opened a preliminary
inquiry into whether this is a violation of state and federal antitrust laws.

A spokesman for the Oklahoma Independent Petroleum Association says a Canadian pipeline runs directly into Cushing, where as much as 10 percent of the nation's oil is stored.

With storage in Cushing reaching capacity, OIPA spokesman Cody
Bannister says the price paid to Oklahoma producers is being driven
down below market levels.

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