On the recordJune 15, 2000
I am sorry that is what they must do under our rules, or need to do under our rules, because this resolution of theirs really addresses one of the most critical issues my constituents in Michigan are facing. I know the Senator's constituents in Maine are facing it, and the constituents of the Senator from New York. All of our constituents are facing these skyrocketing prices which have no rational explanation--except that the oil companies have decided they are going to gouge us pricewise, although their own prices of oil per barrel have not gone up nearly as much as have the prices that they are charging us. We have had two agencies of this Government that have said there is no logical or rational explanation for the huge increase in gas prices. The Federal Trade Commission should investigate this matter. I have asked them to investigate this matter because of the possibility of anticompetitive practices on the part of the oil and gas industry. What is going on here is intolerable.
Source
govinfo.gov




