The House, eager to do something about record high gasoline prices in advance of the Memorial Day weekend, voted narrowly Wednesday to approve stiff penalties for those found guilty of gasoline price gouging.
The bill directs the Federal Trade Commission and Justice Department to go after oil companies, traders or retail operators if they take "unfair advantage" or charge "unconscionably excessive" prices for gasoline and other fuels.
BIG political mistake. People are very angry about this senseless spike in gas prices and if Bush sides against the people and for the oil companies who are already making billions upon billions in profits every quarter, there will be a strong reaction.
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