Lawmakers should welcome report of no ‘price-gouging’

06/12/2006
Anyone legitimately worried about high gasoline prices would welcome a federal investigation finding no evidence of “price-gouging” after Hurricane Katrina last year.Yet when the Federal Trade Commission reported findings like that on May 22, Democratic members of the Senate Commerce, Science, and Transportation Committee objected.“This is business as usual from the FTC,” Sen. Barbara Boxer (D-Calif.) complained. “This report is a lot of work that says nothing, and the oil companies are laughing all the way to the bank. This report proves that this administration is owned and operated by big oil.” Before a Commerce Committee hearing on the report, ranki...
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