Press Release of U.S. Senator Barbara Boxer

For Immediate Release:
May 14, 2004  
Contact:
Washington D.C. Office (202) 224-3553

Boxer To Meet With Bush FTC Chairman Nominee  

Washington, D.C.- U.S. Senator Barbara Boxer (D-CA) today announced that next week she will meet with Ms. Deborah Majoras, President Bush's nominee to be Chairman of the Federal Trade Commission, to discuss California's soaring gas prices and the closure of the Bakersfield Refinery.

Boxer said that during her meeting and at Ms. Majoras' confirmation hearing, she plans to press Ms. Majoras on whether she would pursue a full investigation into California's gasoline prices.

Attached please find a copy of a letter sent by Senator Boxer to Ms. Majoras:

----------

 

May 14, 2004

Ms. Deborah Majoras
Chairman Nominee
Federal Trade Commission
Washington, D.C. 20580

Dear Ms. Majoras:

I am looking forward to meeting with you next week.

In advance of our meeting, I wanted to let you know about my ongoing conversation with Chairman Muris on the outrageous gasoline prices in California.

As you may know, at some stations in southern California this week, gasoline hit $3.00 per gallon.

When I met with Chairman Muris two months ago, he told me that California's gasoline prices were an "anomaly," and the FTC was trying to find out why they had increased so rapidly.

Given what has happened at the pump as well as Shell's refusal to help find a buyer for its Bakersfield refinery, I asked Chairman Muris to open a formal investigation. I am still waiting to hear from him on the FTC's findings.

I am looking forward to working with you on this issue, and I hope to discuss with you what your plan is to open a formal investigation and continue the FTC's oversight of gasoline prices.

Sincerely,

 

Barbara Boxer
United States Senator