Lawmakers hold 2nd gas price hearing - November 02, 2008

Providing coverage of Alaska and northern Canada's oil and gas industryNovember 2008

Vol. 13, No. 44

Week of November 02, 2008

Lawmakers hold 2nd gas price hearing

State lawmakers are not finding easy answers in their investigation into high gasoline prices.

After a second hearing Oct. 23, they still have more questions than answers as to why Alaskans pay 70 to 90 cents more per gallon than drivers in Seattle or Hawaii.

State Rep. Jay Ramras says the problem does not lie with retailers.

The Fairbanks Republican says that leaves the distributor and the refineries and lawmakers can’t seem to “peel the onion back” to find answers.

Senior Assistant Attorney General Ed Sniffen says there is no price gouging law in Alaska that says they have to charge any specific price.

The Attorney General’s office conducted a similar gasoline investigation in the late 1990s that produced inconclusive results.

—The Associated Press

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