Italian lake town

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Possible Answers: ARCO.

Random information on “Atlantic Richfield Company (ARCO)”:
Atlantic Richfield Company (ARCO) is an American oil company with operations in the United States as well as in Indonesia, the North Sea, and the South China Sea.[1] It has more than 1,300 gas stations in the western part of the United States.[2] ARCO was originally formed by the merger of East Coast-based Atlantic Refining and California-based Richfield Oil Corporation in 1966. A subsequent merger in 1969 brought in Sinclair Oil Corporation.[1] It became a subsidiary of UK-based BP in 2000 through its BP West Coast Products LLC (BPWCP) affiliate.[3] On August 13, 2012, it was announced [4] that Tesoro is purchasing Arco and its refinery for $2.5 billion. However, the deal has come under fire due to increasing fuel prices, with many activists urging state and federal regulators to block the sale due to concerns that it would reduce competition and could lead to higher fuel prices at ARCO stations (ARCO stations make up more than half of all stations with the lowest fuel prices in California).[5]
Taken from Wikipedia