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5/18/04-The Senate Select Committee on Gasoline and Diesel Prices May 17 began investigating the tactics of oil companies, which have realized big profits as fuel prices rise to record levels.
The probe will be modeled after an investigation by lawmakers into price manipulation during California's electricity crisis.
Sen. Joe Dunn, D-Santa Ana, intends to show that oil companies have deliberately contributed to California’s precarious supply-and-demand situation, The San Jose Mercury News reported.
The probe will be modeled after an investigation by lawmakers into price manipulation during California's electricity crisis.
Sen. Joe Dunn, D-Santa Ana, intends to show that oil companies have deliberately contributed to California’s precarious supply-and-demand situation, The San Jose Mercury News reported.