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Dems Want Investigation of California Gas Prices

A powerful House Democrat wants the Federal Trade Commission to find out if market manipulation is boosting California gasoline prices, which soared a half-dollar per gallon in the last week.

Tuesday’s letter from Rep. Henry Waxman (D-Calif.) to the FTC boosts political pressure on regulators to probe prices that, according to AAA, jumped 49 cents in a week to a current average of $4.67-per-gallon for regular gasoline. 

Source: The Hill. Read full article. (link)

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  • BillsCatz||

    Sounds tough, but this is no mystery -- Exxon, Shell and OPEC control the prices of every drop of gas in every corner of this country. It was time for CA to get the slam, the eye-gouge, is all. Some graph or pie chart said there was excess money to be grabbed, and grabbed it was...

  • ant1sthenes||

    They don't understand, or are they out looking for the real killer?