Boxer calls for investigation into California gas price spike

Mercury News ^

[Jmann]

Posted on Thu, Mar. 06, 2003

Boxer calls for investigation into California gas price spike ANDREW BRIDGES Associated Press

LOS ANGELES - Sen. Barbara Boxer called Thursday for a federal investigation into California's soaring gasoline prices amid concerns the market is being manipulated in ways reminiscent of the power crisis that convulsed the state two years ago.

In a letter to U.S. Comptroller General David M. Walker, the California Democrat asked the General Accounting Office to look at news reports that oil companies are taking more refineries than normal off line for maintenance. Such a move presumably would curtail the state's gasoline supply and send prices spiraling upward.

"I am extremely concerned about the rising gasoline prices in the state of California and I call on you to investigate this situation, particularly with regard to the possible manipulation of supply due to idle refineries," Boxer wrote.

[Jmann]

Political Grand-Standing? I really, really dislike that woman.

[sheik yerbouty]

The gasbag and the gas hike.

[Endeavor]

To: Barbara the Boxer

FROM: Endeavor

You of all people should understand greed. It's the middlemen, stupid!

[Orangedog]

Isn't there one of these investigations every time the price of unleaded goes up? Ye Gods!

Let's see, Babs, there are three little things that screw with the price of gas...supply, demand, and the screw-ball reformulations that the refiners have to make because of the greenie-weenies.

[w1andsodidwe]

http://www.freerepublic.com/focus/news/858645/posts

[MissBaby]

What do you bet her investigation will not turn up environmental regulation and goverment mandated reformulation of gasoline as the cause?

[SMEDLEYBUTLER]

Boxer

[Hugin]

Or maybe it could have something to do with record world crude prices? Venezualen oil strike? Lack of new exploration and drilling? Dyathink?

[Jmann]

My mistake.
Just got home, didn't have time to search the posts.

Good Job!

I still say she's one stupid bitch. I hate her hipocrisy.

[jimkress]

Oil's near $40/ barrel and Boxer complains about the price of gasoline going higher?! What did she expect, the price to go DOWN?

The shortest book on the shelf - Liberal economic theory (it has no pages).

[IncredibleHulk]

Why is Skid-marks Boxer crying? This should force SUV's off the streets!

[MissBaby]

Or maybe it could have something to do with record world crude prices? Venezualen oil strike? Lack of new exploration and drilling? Dyathink?

I'd go with that.

[ysoitanly]

Too true. You can insert interchangeably Hillary, Boxer, Feinstein, and Pelosi for quotes such as: "We need to look into this further." "We need to see that such incidents never again occur." "We need to look into the interests of the PEOPLE." "We have lost our focus." Never a concrete fact or solution proposed, just blah blah blah. And then magically, a tax increase appears.

[VOA]

I thought higher prices for gasoline was a major objective of Democrats/liberal/environmentalist.

Oh, I guess that was only if the higher prices were due to an increase of the
usurious tax on gasoline...

[Let's Roll]

Right, calling for an investigation of big oil is a sure headline grabber particularly in Kalifornia.
They never find anything but market forces - with their extremely limited understanding of supply and demand I can see how they would view that as some sort of conspiracy.

[Diddley]

Babs:
"I am extremely concerned about the rising gasoline prices in the state of California and I call on you to investigate this situation, particularly with regard to the possible manipulation of supply due to idle refineries," Boxer wrote.

When gasoline prices went down to $1.25 a gallon last spring, I called for an investigation. No one listened to me.

[rebel_yell2]

Boxer calls for repeal of Law of Supply and Demand

LOS ANGELES - Sen. Barbara Boxer called Thursday for repeal of the Law of Supply and Demand in response to California's soaring gasoline prices amid concerns the market is being manipulated in ways reminiscent of the power crisis that convulsed the state two years ago. In a letter to U.S. Comptroller General David M. Walker, the California Democrat asked the General Accounting Office to look at news reports that oil companies are charging higher prices in response to reduced supplies resulting from the crisis in Venezuela and increased demand due to unseasonably cold weather.

"I am extremely concerned about the rising gasoline prices in the state of California and I call on Adam Smith to rectify this situation, particularly with regard to the possible manipulation of supply" Boxer wrote. She then denied that she was calling for "regime change" in Venezuela. "Oh, no! I fully support the creation of a Castro-style government in Venezuela, and, hopefully, in the U.S."