Commerce Department Has No Plans To Investigate Gas Prices
None by Eric Ray
(KCPW News) Last year, an investigation by the Utah Department of Commerce found that retailers were involved in price gouging when it came to gasoline. The investigation also concluded that gouging was not illegal.Gas prices in Utah reached an all time high this month, an average of $3 per gallon, but Department of Commerce Executive Director Francine Giani says there are no plans to launch another investigation.
Giani says prices for gas will never be below $1.50 per gallon again. She says prices of $3.50 per gallon are more likely, and she recommends consumers shop around for the lowest prices, or find alternative means of transportation.
Email to a friendPosted in KCPW Newsroom. Copyright 2008 KCPW
1. James J. Butterfield said:
I would like to know why the government has not taken any measures to stop the gas industry from raping the public of their little spendable money. As the gas continues to sky rocket, so will all prices, due to logistics getting products to the stores, and the already Utah near lowest wages in the nation. It is going to take all our money to get to our jobs, and will most likely cause a major recession, which will even impact our employment. It will most likely cause debt problems, as the lower income families try to cover their already over taxed income. For any up and coming government candidates, focus on gas regulation, and health care prices, which would certainly get the lower, and middle income votes.
2. D. SKye Hodges said:
I have also termed that the gas companies are raping the American public as well. I am pleased that someone else also feels that this term is valid: an act of plunder, violent seizure, or abuse; despoliation; violation: the rape of the countryside. If the big oil and gas companies are not the perfect example of those that are plundering and abusing then I'm not sure who is. Last year was just a test by the oil and gas companies to see if they could "get away with it", now that they know they can, we will not have "fair" pricing ever again---Until the government decides to regulate it, just as they do water, electricity, natural gas, etc.