Saturday, February 26, 2011

GOP urges price-gouging probe on gas (2006 with Pelosi rant)

SNIP Hastert and Frist asked Bush to direct the Justice Department and Federal Trade Commission to investigate the rising oil prices and also will request that certain areas be exempt from having to use a more expensive but cleaner blend of gasoline. One FTC official, though, told CNN that the trade commission can only look into anti-competitive practices and has no legal authority to investigate price gouging. House Minority Leader Nancy Pelosi, D-California, dismissed Hastert's and Frist's letter as "empty rhetoric." "With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp...

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