FTC Is Asked to Probe California’s Gas Prices
From Reuters
Sen. Barbara Boxer (D-Calif.) said she wanted the Federal Trade Commission to investigate whether a rise in the state’s gasoline prices was due to possible market manipulation by big oil companies.
California’s pump price has jumped 16 cents in the last week to an average $2.03 a gallon for self-serve regular, much higher than the national average, according to the Energy Department.
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