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Originally Posted by DomLee For the people in California: http://kcal9.com/california/CA--GasP...rces_news_html
"California attorney general to probe possible gas-price gouging
State Attorney General Bill Lockyer on Friday launched a probe into possible price gouging by gas and oil companies following Hurricane Katrina.
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The investigation will examine whether oil companies or retailers violated antitrust or unfair business practice laws. It also will examine whether they broke a state law that bars retailers from raising prices more than 10 percent during government-declared emergencies.
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Lockyer questioned whether the storm could justify higher prices in California because he said the state receives little or no refined gasoline from the Gulf region and no crude oil from there."
This certainly sounds interesting! |
It certainly does sound interesting! We are paying well over $3 at the moment here in Sac.