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Keyword: competitiion

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  • Gas prices expected to keep weighing on consumers

    09/06/2005 9:17:56 PM PDT · by Racehorse · 9 replies · 410+ views
    Investor's Business Dailly ^ | 6 September 2005 | Stephanie I. Cohen
    Both Democrats and Republicans on the [Senate Energy and Natural Resources Committee] panel expressed concern that fuel prices are choking U.S. consumers. [. . .] Sen. Lisa Murkowski, R-Alaska, said $100 a barrel oil is "not so far out of the realm of possibility," and asked "is that something this country can sustain?" [. . .] Sen. Gordon Smith, R-Ore., said he anticipates "we're going to find many instances of manipulation and fraud." Sen. Pete Domenici, R-N.M., the chairman of the committee, said the panel is prepared to call on oil-company executives to explain rising fuel costs if there is...