OGJ Newsletter

10/15/2012
GENERAL INTEREST — Quick Takes Waxman seeks FTC probe of higher gasoline prices US Rep. Henry A. Waxman (D-Calif.), the House Energy and Commerce Committee's ranking minority member, has asked the US Federal Trade Commission to investigate a gasoline price surge in the Golden State. "Over the past week, retail gasoline prices in California have soared by more than 50¢/gal to a record price of $4.67/gal," Waxman said in an Oct. 9 letter FTC Chairman Jon Leibowitz. "There has been no similar surge in gasoline prices nationwide." Waxman noted that the most common explanation is that a series of refinery accidents and temporary shutdowns have created a California supply ...
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