Business: Bargain Fuel

A scheme for cheap oil

The tanker Concho chugged into the harbor of Chelsea, Mass., late last month carrying 8.4 million gallons of heating oil. An everyday occurrence, with one important exception: the fuel on board cost only 47¢ per gal., or about two-thirds the normal 75¢-per-gal. wholesale price. The importer was the nonprofit Citizens Energy Corp. (CEC), headed by Joseph P. Kennedy II, 27, eldest son of late Senator Robert Kennedy. A vociferous critic of the energy firms' "greed," the young Kennedy was out to prove that oil companies were ripping off...

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