Law360, New York (April 24, 2006, 12:00 AM ET) -- Joining the growing ranks of consumers and politicians seeking an explanation for recent skyrocketing gasoline prices, House Speaker J. Dennis Hastert (R-Ill.) and Senate Majority Leader Bill Frist (R-Tenn.) are taking the burgeoning debate to the top, asking President George W. Bush to order investigations into possible price-gouging by oil companies.
While Rep. Hastert and Sen. Frist recognized that supply constraints and increasing demand have a direct impact on prices, they told the president that federal law enforcement agencies should take “every available step” to ensure...
House, Senate Leaders Urge Probe On Oil Prices
To view the full article, take a free trial now.
