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Thursday, Oct 11
2012, 3:58 PM
Increasing scrutiny may force Tesoro (TSO -0.2%) to sell its 97K bbl/day Los Angeles-area...
Increasing scrutiny may force Tesoro (TSO -0.2%) to sell its 97K bbl/day Los Angeles-area refinery to overcome any government antitrust opposition to the purchase of BP's 266K bbl/day Carson refinery, Bloomberg reports. If TSO sells the Wilmington plant to keep Carson, it would sacrifice plans to integrate the two refineries and cut costs it outlined when the deal was announced.