Whenever gasoline and oil prices rise the politicians, conspiracy theorists, and the economically illiterate demand investigations into the rising prices. Here are some examples:
2003: 3 Midwestern states ask FTC to investigate rising gas prices
2005: FTC investigates rising gas prices
2006: Bush calls for probe of rising gasoline prices
2007: House Judiciary Committee's Antitrust Task Force convenes hearing on gas prices, Hillary Clinton rips oil companies
2007: World Socialists blame price gouging for rising gas prices
2011: Obama task force to investigate gas and oil prices
2012: CNN's John Cafferty asks: Should price controls be imposed on gasoline?
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So, now that oil and gasoline prices are falling like a rock where are all the politicians and wingnuts calling for investigations into this obvious collusion?
2003: 3 Midwestern states ask FTC to investigate rising gas prices
2005: FTC investigates rising gas prices
2006: Bush calls for probe of rising gasoline prices
2007: House Judiciary Committee's Antitrust Task Force convenes hearing on gas prices, Hillary Clinton rips oil companies
2007: World Socialists blame price gouging for rising gas prices
2011: Obama task force to investigate gas and oil prices
2012: CNN's John Cafferty asks: Should price controls be imposed on gasoline?
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So, now that oil and gasoline prices are falling like a rock where are all the politicians and wingnuts calling for investigations into this obvious collusion?
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