White House Calls for Probe of 'Divergences' Between Oil Price, Gasoline Costs

White House Calls for Probe of 'Divergences' Between Oil Price, Gasoline Costs
(AP Photo/Matt Rourke)
The White House on Wednesday called for a probe into gasoline prices, citing “divergences” between oil prices and what people are paying at the pump.
National Economic Council Director Brian Deese wrote a letter to Federal Trade Commission (FTC) Chair Lina Khan asking her to look into any potential illegal conduct or anti-competitive practices that have occurred.
“During this summer driving season, there have been divergences between oil prices and the cost of gasoline at the pump,” Deese wrote. “While many factors can affect gas prices, the president wants to ensure that consumers are not paying more for gas because of anti-competitive or other illegal practices."
Read Full Article »


Comment
Show comments Hide Comments


Related Articles