Friday, March 21, 2008

The Supreme Court Allows States To Regulate Gasoline Prices

On April 20, 1988, according to a story by Stuart Taylor Jr. of the New York Times, "The Supreme Court ruled by 8 to 0 that Puerto Rico may regulate the price of gasoline, and that the 50 states are free to do the same if they choose".

The article went on to point out the court's decision which suggested that it would uphold any state's pricing regulation of petroleum products, including home-heating oil.

The defeat of oil industry interests in 1988 was a victory for state regulators, however, no state has yet chosen to protect consumers from run-away profit taking. It is time for you to insist, through your vote, the federal government mandate such controls nation wide through legislation. Since states have not shown enough backbone to stand up and say "Enough is Enough" it is time for all of us to unite and say "Enough is Enough"

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