Schwarzenegger requests inquiry into gas price-gouging
Tuesday, April 25, 2006
Schwarzenegger: I think that it is a very valid concern so we are looking into that and if we see that, then of course there should be punishment for that.
In a letter to the Energy Commissioner Schwarzenegger noted that while economists claim supply and demand is at play California must not rule out the possibility of price gouging or unfair businesses practices by oil companies. The Governor has directed the Commission to begin the investigation immediately.
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