Gas price regulation debate intensifies [View All]

[LostinVA]

(from Charleston Gazette)

WASHINGTON, D.C. -- The soaring price of gasoline has rekindled debate across America over whether prices for gas should be regulated as they are for electricity and water.


"It's very clear to us that gas prices need to be regulated. We really need to step back and recognize that like electricity, gasoline is too vital to the economy to be left in the hands of these corporations that have been gouging us," said Doug Heller, the executive director of the Foundation for Taxpayer and Consumer Rights in Los Angeles, a consumer advocacy group.


The Service Station Dealers of America agree, saying wholesalers are limiting competition and thus pushing prices higher.

"Fuel is basically a commodity, almost something that should be regulated by the public services commissions, because there is no other product out there that so many consumers depend on," said Paul Fiore, the group's executive vice president.


http://www.consumerwatchdog.org/energy/nw/?postId=5076&pageTitle=Gas+price+regulation+debate+intensifies

I've been saying this for years.....