Posted On: May 29, 2011 by Karen Olson

Fuel Charges Expert Witnesses & Oil Traders Lawsuit

Fuel charges expert witnesses may opine on trucking transportation charges, fuel surcharges, and related topics. Transport Topics reports that U.S. commodities regulators have filed a civil lawsuit against two oil traders in Australia and California and three American and international firms over oil market manipulation in 2008, the record-high year for crude prices, the New York Times reported Wednesday.

The suit says that in early 2008 the accused tried to hoard nearly two-thirds of available oil supplies, then abruptly dumped it and collected $50 million, the Times said in a front-page story.

Read more: ttnews.com.