Legislature forms Joint Special Committee on Mergers to analyze merger. Merger committee hosts meeting for status report to the Legislature and the public from Bruce Botelho, BP and ARCO and takes public testimony. She also testifies in front of the Senate Energy and Natural Resources Committee. In a letter drafted by counsel retained to study merger, Merger Committee issues first written request to the Administration to prepare and provide a detailed analysis of the revenue impacts that the Administration anticipates will occur as a result of the merger. Economist Gus Fliakos discusses economic impacts and Bill Britt, DNR, discusses pipeline issues.
Public testimony is taken.
Merger consultants available telephonically. Saying it has substantially complied with antitrust reporting requirements, BP triggers 20-day deadline rule for completing the merger. Governor Knowles issues a press release threatening to oppose the merger. BP waives the 20-day rule. Knowles announces 2-week public comment period to conclude Nov. 22.