Tenneco (formerly Tenneco Automotive and originally Tennessee Gas Transmission Company) is an American Fortune 500 company that has been publicly traded on the New York Stock Exchange since November 5 1999, under the symbol TEN. Tenneco, with headquarters in Lake Forest, Illinois, United States is an automotive components original equipment manufacturer and an aftermarket ride control and emissions products, manufacturer.
As Tenneco is one of the big organizations of gas and fuels resources, so they think they are above the law and can do whatever they want. Tenneco remained in the news because of its corruption in the 90's period. In 1992, New York State Tax Commissioner issued Tenneco Oil Company a notice of Determination of Tax due under the motor fuel tax law alleging that Tenneco owned tax on jet fuel is sold untaxed to Doug-Long. Millions of gallons jet fuel sold to Doug-Long without any tax. Jet fuel burned in heavy bikes and trucks because of Tenneco corruption. No doubt, the more the organization is big, the bigger its sh*t.