Oh, never mind. No evidence of price gouging.

Arizona's comprehensive investigation into that state's high fuel prices after Hurricane Katrina concludes that while there was "profiteering" at all levels of the oil industry, nothing illegal took place.

Washington's attorney general's office said in a report last week that its more recent investigation of today's high prices "has not found any evidence so far of illegal activity among gasoline retailers or producers in Washington."

Together, the two reports show that it is hard for authorities to prove consumers are being ripped off even in times of extraordinary price increases. . . . .

Of course, this article implies that "price gouging" is occurring, it is just too difficult for the government to prove. Still, there is NO EVIDENCE proving that price gouging is occurring. Of course, there was a report put out after Katrina by the FTC that found the same thing.


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