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Gas price gouging denied by Marathon Ashland executive
Marathon Ashland Petroleum LLC president J Louis Frank told a Senate Governmental Affairs Committee that charges of price gouging and collusion are offensive and unfounded. He noted higher Midwest sales, Canadian purchases during shortages, and blamed a mix of causes for price climbs while Congress weighs the issue. Ohio and federal officials criticized policy as contributing to instability and revenue issues for highway funding.
MENTIONED IN THIS ARTICLE
Washington
J. Louis Frank
Findlay
Marathon Ashland Petroleum LLC
Senate
FTC
Federal Trade Commission
Midwest
Marathon Ashland
Canada
Frank
Capitol Hill
George Voinovich
Ohio
Governmental Affairs Committee
EPA
Carol Browner
Bob Taft
Clinton
Taft
Robert Taft
Senate Governmental Affairs Committee
Ernest Moniz