Wednesday, May 26, 2004

Kucinich Asks Bush To Take Steps To Reduce Gas Prices
75 Democrats Sign Letter

POSTED: 10:33 am EDT May 26, 2004
WASHINGTON -- Seventy-five U.S. House Democrats, including five from Ohio, called on President Bush Tuesday to take several steps to combat rising gasoline prices.

The Democrats claim in a letter obtained that recent mergers between several large oil companies could have set the stage for price gouging practices, and they asked Bush to investigate.

"There is substantial evidence that anticompetitive practices by domestic corporations -- made possible by recent mergers -- are partly to blame for high gasoline prices.

"We believe only an increase in government oversight can restore the transparency and accountability consumers need," the Democrats said in a letter sent to Bush.

Rep. Dennis Kucinich, D-Ohio, who led the effort after getting NewsNet5.com's gas rage petition, said the president should take six steps to ensure lower gas prices, which included...(Full Story)

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