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California
Related: About this forumDianne Feinstein tells regulators to investigate high gas prices, again
Last edited Tue Oct 9, 2012, 02:12 AM - Edit history (1)
Dianne Feinstein tells regulators to investigate high gas prices, again
Sacramento Business Journal by Steven E.F. Brown, Web Editor
Date: Monday, October 8, 2012, 1:48pm PDT
Six weeks after calling for an investigation into high California gas prices, Sen. Dianne Feinstein once again told the Federal Trade Commission that Golden State drivers are being gouged.
Dianne Feinstein letter to FTC">In a letter to FTC boss Jon Leibowitz, Feinstein wrote of "malicious trading schemes in the California gasoline market."
Feinstein sent an earlier letter to Leibowitz complaining of price spikes "unjustified by supply and demand" on Aug. 28.
Citing a possible "illegal short squeeze," Feinstein called for not only an FTC investigation, but also better monitoring of the gasoline and oil markets and also the creation of a "permanent gasoline and oil market oversight unit."
Sacramento Business Journal by Steven E.F. Brown, Web Editor
Date: Monday, October 8, 2012, 1:48pm PDT
Six weeks after calling for an investigation into high California gas prices, Sen. Dianne Feinstein once again told the Federal Trade Commission that Golden State drivers are being gouged.
Dianne Feinstein letter to FTC">In a letter to FTC boss Jon Leibowitz, Feinstein wrote of "malicious trading schemes in the California gasoline market."
Feinstein sent an earlier letter to Leibowitz complaining of price spikes "unjustified by supply and demand" on Aug. 28.
Citing a possible "illegal short squeeze," Feinstein called for not only an FTC investigation, but also better monitoring of the gasoline and oil markets and also the creation of a "permanent gasoline and oil market oversight unit."
More at:http://www.bizjournals.com/sacramento/news/2012/10/08/feinstein-regulators-gas-prices-investig.html
There is more to this gas price gouging than meets the eye and it's pretty suspicious just before the election.
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Dianne Feinstein tells regulators to investigate high gas prices, again (Original Post)
Cleita
Oct 2012
OP
Why don't we just boycott one gas company...like Chevron or Shell. That should make a statement.
demosincebirth
Oct 2012
#4
still_one
(92,216 posts)1. and nothing will be found like all the other times /nt
Cleita
(75,480 posts)2. At least she's making the effort which is more
than any of our other elected officials is doing.
still_one
(92,216 posts)3. agreed /nt
demosincebirth
(12,537 posts)4. Why don't we just boycott one gas company...like Chevron or Shell. That should make a statement.
Shouldn't it?
Cleita
(75,480 posts)5. Well, I have decided to boycott them all.
I'm buying a bicycle and intend to use it for most of my transportation needs.
Le Taz Hot
(22,271 posts)6. And this time she means it!
Cleita
(75,480 posts)7. I just heard something briefly on the news today that Gov. Brown
is getting involved, but I haven't been able to find any further information yet. I'm keeping my fingers crossed.