US GAO to study refining capacity, gasoline prices

10/01/2007
The US Government Accountability Office has agreed to examine relationships between refining capacity and gasoline prices and demand in response to requests from Connecticut’s congressional delegation and from US Sen. Charles E. Schumer (D-NY).GAO received the two requests in mid-May and plans to merge them into a single inquiry to begin later this fall when qualified staff members are available, Gloria L. Jarmon, managing director for congressional relations, said in a Sept. 24 letter to Rep. Joseph Courtney (D-Conn.).“Our nation’s refiners have operated with little oversight for decades and have suffered little recourse for repeated outages and downtime,” Courtne...
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