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FTC to issue subpoenas over gas price surge in Chicago area
The FTC opened a formal probe into gasoline price spikes in Chicago and Milwaukee after a preliminary inquiry found no clear cause. Subpoenas will target oil companies by week’s end, with an interim report in 30 to 45 days. Officials warn of possible price gouging and collusion.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Chicago
Milwaukee
FTC
Robert Pitofsky
Illinois
Dick Durbin
D-I
Organization of the Petroleum Exporting Nations
Vienna
Austria
Clinton
OPEC
Energy Department
al Gore
House
Environmental Protection Agency
Bill Richardson
Los Alamos
New Mexico
Senate
Trent Lott
Rmiss
Congress
Durbin
Pitofsky
Federal Treasury
Justice Department
Gore