Press Release of U.S. Senator Barbara Boxer
|For Immediate Release: |
May 14, 2004
Washington D.C. Office (202) 224-3553
Boxer To Meet With Bush FTC Chairman Nominee
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
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.
United States Senator