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Lautenschlager looking into gas price gouging

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sybylla Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 10:29 AM
Original message
Lautenschlager looking into gas price gouging
Edited on Fri Sep-02-05 10:42 AM by sybylla
But she says she can do little to combat price gouging as Wisconsin doesn't have a law to deal with market manipulators.

How the hell did that happen in my progressive state?


http://www.jsonline.com/news/state/sep05/352619.asp


3 states launch gas market tampering probe
Wisconsin, Iowa, Illinois on lookout for any price gouging
By LARRY SANDLER and PATRICK MARLEY
lsandler@journalsentinel.com
Posted: Sept. 1, 2005

The attorneys general from Wisconsin, Iowa and Illinois will conduct a joint investigation into whether anyone is manipulating the gas market in their states in the wake of Hurricane Katrina, Wisconsin Attorney General Peg Lautenschlager said Thursday.

But if they find wholesalers or retailers are tampering with the market, little can be done about it here because Wisconsin has no law against price gouging, Lautenschlager said. She said she was drafting legislation with Sen. Dave Hansen (D-Green Bay) and Rep. Josh Zepnick (D-Milwaukee) to remedy that situation.

Gov. Jim Doyle threw his support behind both the investigation and the legislation and asked the Environmental Protection Agency to temporarily lift a requirement to sell only cleaner-burning reformulated gas in southeastern Wisconsin.

Erin Roth, executive director of the Wisconsin Petroleum Council, and Bob Bartlett, president of the Wisconsin Petroleum Marketers & Convenience Store Association, hailed the request for the EPA waiver, which they said would make it easier to move gas into the Milwaukee area from other parts of the state and nation.

***snip***


edited to add link to press release (pdf) promising legislation to protect Wisconsin consumers from price gouging market manipulation.
http://www.thewheelerreport.com/releases/Sept05/Sept1/0901agpricegouge.pdf
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gizmo1979 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 09:25 PM
Response to Original message
1. This never works
but looks good on the resume.They try everytime these gas spikes happen,and I don't remember once them ever coming back and saying yes there was gouging.
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