It looks, smells and feels like price gouging to me. At the meeting, Browner announced that wholesale gas prices have dropped ten cents in the last 24 hours.
Gas prices are still at their highest point in decades.
The oil companies control the supply of gasoline, and now they demand higher profits. The Federal Trade Commission has launched a probe to find out whether price gouging on the part of oil companies are at the heart of the gas crisis today. But our objective isn t just to prove that wrong doing occurred it is more important to roll back prices to a reasonable level for consumers in our state.