When everyone else was complaining about their gas prices this summer, our prices hit $5.00 per gallon, the highest in the nation which prompted many Alaskans to demand an explanation. The 'report' written by one person was finally completed and it is full of "we think, it seems, my intuition tells me"....but includes no facts! And you thought Sarah Palin was corrupt... check out the comments, people are pissed off!!
http://www.adn.com/news/government/legislature/story/676924.htmlCommittee Chairman Jay Ramras, R-Fairbanks, said the committee's findings are based on intuition after spending four months researching and gathering testimony on the issue.
"It seems that in order for refineries to maintain their competitive position in the global jet aviation market, they have to shift costs on to a much smaller more fragile consumer retail gasoline market," Ramras said.
"We don't think there's any illegal activity going on....
The state consistently records the highest gasoline prices in the nation even as oil prices are dropping. As of last October, gas prices were a full 71 cents above Seattle prices and 98 cents above the national average. Historically gas prices in the state have tended to be closer to 10 cents per gallon higher than the average.
The economic impact on Alaskans has been devastating to residents and industries in the state, especially in rural areas where fuel costs are astronomical. High transportation costs also have driven up the price of consumer goods around the state.
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Has anyone ever heard of a 'report' being written by one guy based on his intuition which tells him that nothing illegal is going on. Aren't these things normally determined by financial experts who examine the facts in the situation? This guy is in the pocket of the oil industry and apparently we are going to keep getting screwed!