Full CNN Story here.WASHINGTON (CNN) -- Congressional GOP leaders on Monday formally called on President Bush to launch an investigation into possible price gouging by oil companies, after gas prices shot up nearly 25 cents a gallon in two weeks.
"Anyone who is trying to take advantage of this situation while American families are forced into making tough choices over whether to fill up their cars or severely cut back their budgets should be investigated and prosecuted," House Speaker Dennis Hastert, R-Illinois, and Senate Majority Leader Bill Frist, R-Tennessee, wrote in a letter to President Bush.
"Therefore, we believe that federal law enforcement agencies and regulators should take every available step to ensure that all federal laws protecting American consumers from price-fixing, collusion, gouging and other anti-competitive practices are vigorously enforced."
:eyes:
Let me guess the scenario:
Chimpy: "Hey, y'all been raising prices and screwing over everyone ya can?"
Oil Execs: "No not us"
Chimpy: "Cool, enjoy that 400 million dollar retirement package, make sure they pick up your country club fees"
:eyes: