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(Democratic) State officials ask U.S. to probe gasoline prices

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Khephra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 10:54 AM
Original message
(Democratic) State officials ask U.S. to probe gasoline prices
(Reuters) - Democratic attorneys general in seven states asked the Bush administration Thursday to join them in investigating whether big oil companies are illegally pushing up gasoline prices.

The request from the states comes amid growing pressure from Democrats in Congress and presidential challenger John Kerry for the White House to take action to ease record-high retail gasoline prices.

In a letter to President Bush, the group of chief law enforcement officers asked him to direct U.S. Attorney General John Ashcroft "to join with us in investigating whether the oil and gas industries are colluding to drive up the cost of gasoline."

The letter was signed by officials from California, New York, Connecticut, Minnesota, Rhode Island, Iowa and Arkansas.

more.....................

http://www.forbes.com/markets/newswire/2004/05/20/rtr1378829.html
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LosinIt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 11:00 AM
Response to Original message
1. I love you Elliot,
Spitzer that is.
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 11:06 AM
Response to Original message
2. Great. Go DEMS!
:)
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Coventina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 12:05 PM
Response to Original message
3. AZ Gov Janet Napolitano has been vocal on this
I saw her on Lou Dobbs here in the student lounge.

I love Janet
:loveya:
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 12:09 PM
Response to Original message
4. The evidence of gouging is simply overwhelming!!!
While the rest of the "business" world is struggling, the oil and gas companies are reaping obscene profits.
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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 03:20 PM
Response to Reply #4
12. in the range of 90%
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 03:25 PM
Response to Reply #12
13. The range is 44% to 163% increase in profits.
Supply-side economics at work!!!!
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Peter1x9 Donating Member (281 posts) Send PM | Profile | Ignore Thu May-20-04 12:19 PM
Response to Original message
5. They would have just as much luck...
asking a brick wall to investigate the price gouging.

Not gonna happen.
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 12:30 PM
Response to Reply #5
6. Why? Because the oil-diggers and arms-dealers are in charge?n/t
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colonel odis Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 01:02 PM
Response to Original message
7. why don't the states investigate it themselves?
i would imagine eliot spitzer has as much power and mojo right now as a lot of u.s. attorneys.

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goforit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 01:27 PM
Response to Original message
8. The Energy collusion exposed????.......My oh my!!!!
The perfect answer........

Seceding from the Union!!!!

I'm all for it!!!!!!!!
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BadGimp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 01:45 PM
Response to Original message
9. lol
No way in hell BuschCo will allow Asscrack to go after the very folks that he serves...duh!

Please people don't get your hopes up.

Remember the ENRON / Calif energy rip off?? Now Ahnold is celebrating successfully distroying the civil lawsuits the Lt Gov here filed. Those would have reaped Calif 9billion. No the GOP serves their masters well.

We are SO terminally screwed peeps.
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struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 02:37 PM
Response to Reply #9
10. Good. Let the Feds fail to do any investigation ...

or do another of the phony investigations for which * is now so famous. The issue's getting attention. They'll look bad.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 03:18 PM
Response to Original message
11. The only absolute certainties are there have been no collusion, price-
fixing, war-profiteering or price-gouging: just good ole capitalist market forces at work here.
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struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 03:33 PM
Response to Reply #11
14. And we know that how? By faith? By prior experience? eom
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 05:21 PM
Response to Reply #14
15. Sorry to have forgotten to include a "caution extreme cynicism"
caption.
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struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-04 06:01 PM
Response to Reply #15
16. Well, maybe I should have picked up on it without notice!
:)
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