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"House OKs 'outrageous gas prices' bill
WASHINGTON, May 23 (UPI) -- The U.S. House of Representatives Wednesday passed legislation authorizing the Federal Trade Commission to investigate and punish gasoline price gouging.
The bill's sponsor, Rep. Bart Stupak, D-Mich., said the legislation would help stop "the truly outrageous prices we are seeing at the gas pump," The Detroit News reported.
"Today, every member has a choice," said Stupak. "Side with big oil or side with the consumers who are being ripped off at the gas pump."
House Republicans said the legislation would result in price controls and long lines at gas pumps, the newspaper said. They argued instead for more drilling and construction of more refineries.
The White House said President George W. Bush would likely veto Stupak's bill if it reached his desk.
Governors of 22 U.S. states -- 15 Democrats and seven Republicans -- asked Congress to investigate whether oil companies are intentionally raising gas prices to record highs by shutting down refineries, Stateline.org reported Wednesday.
"We are angry," said Connecticut Republican Gov. M. Jodi Rell. "We want answers as to why prices at the pump continue to escalate in the absence of new seasonal, weather or world events."
"Myself and 21 other governors have asked the Congress to investigate these oil companies and why it is, when they're making record profits -- I mean, Exxon alone made over $9 billion in the first quarter of this year, yet they're charging record prices? It doesn't make sense for the people of our state and our country," Florida Gov. Charlie Crist, also a Republican, told CBS News."
taken from http://www.upi.com/NewsTrack/Top_News/2007/05/23/house_oks_outrageous_gas_prices_bill/9282/
We truly agree that some investigating must be done by our government to find out why the big oil companies continue to raise prices of gasoline to record highs, to beyond the $3 per gallon mark in many states. We agree with the senators mentioned in the above article that big oil needs to be reigned in. Our petition is directed at all senators and government officials that see no need for this investigation. In essence, this petition is directed at those who have no problem with the current price gouging at the gas pumps across the United States. We need change. We demand change. Please take into consideration our requests. Thank you.
WASHINGTON, May 23 (UPI) -- The U.S. House of Representatives Wednesday passed legislation authorizing the Federal Trade Commission to investigate and punish gasoline price gouging.
The bill's sponsor, Rep. Bart Stupak, D-Mich., said the legislation would help stop "the truly outrageous prices we are seeing at the gas pump," The Detroit News reported.
"Today, every member has a choice," said Stupak. "Side with big oil or side with the consumers who are being ripped off at the gas pump."
House Republicans said the legislation would result in price controls and long lines at gas pumps, the newspaper said. They argued instead for more drilling and construction of more refineries.
The White House said President George W. Bush would likely veto Stupak's bill if it reached his desk.
Governors of 22 U.S. states -- 15 Democrats and seven Republicans -- asked Congress to investigate whether oil companies are intentionally raising gas prices to record highs by shutting down refineries, Stateline.org reported Wednesday.
"We are angry," said Connecticut Republican Gov. M. Jodi Rell. "We want answers as to why prices at the pump continue to escalate in the absence of new seasonal, weather or world events."
"Myself and 21 other governors have asked the Congress to investigate these oil companies and why it is, when they're making record profits -- I mean, Exxon alone made over $9 billion in the first quarter of this year, yet they're charging record prices? It doesn't make sense for the people of our state and our country," Florida Gov. Charlie Crist, also a Republican, told CBS News."
taken from http://www.upi.com/NewsTrack/Top_News/2007/05/23/house_oks_outrageous_gas_prices_bill/9282/
We truly agree that some investigating must be done by our government to find out why the big oil companies continue to raise prices of gasoline to record highs, to beyond the $3 per gallon mark in many states. We agree with the senators mentioned in the above article that big oil needs to be reigned in. Our petition is directed at all senators and government officials that see no need for this investigation. In essence, this petition is directed at those who have no problem with the current price gouging at the gas pumps across the United States. We need change. We demand change. Please take into consideration our requests. Thank you.
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