DOJ and FTC press states to target any illegal activity contributing to high gas prices
The DOJ and FTC are urging state governments to investigate oil companies for price-gouging and illegal activity driving up gas prices.
📍 Where it landed
The DOJ and FTC monitored oil markets for price manipulation and urged states to investigate possible fuel price gouging. Senator Schiff also unveiled a plan to hold oil companies accountable for inflated gas prices.
The story quieted without a definitive conclusion in the coverage.
Epilogue added 42d ago, after coverage quieted.
The reporting (7)
- US DOJ and FTC Monitor Oil Market for Price Manipulation GuruFocus · 45d ago
- Justice Department urges states to probe possible gas price gouging The Hill · 45d ago
- Sen. Schiff, D-Calif., unveils new plan to hold oil companies accountable for inflated gas prices Spectrum News · 45d ago
- DOJ Urges States to Enforce Fuel Price-Gouging Laws Crude Oil Prices Today | OilPrice.com · 45d ago
- Justice Department calls on states to join investigation into oil companies Politico · 45d ago
- U.S. says it is monitoring oil markets for price-fixing as it urges states to do the same CBS News · 45d ago
- DOJ and FTC press states to target any illegal activity contributing to high gas prices Fox Business · 45d ago broke it first
The story so far
The Department of Justice (DOJ) and Federal Trade Commission (FTC) are calling on states to target illegal activities contributing to high gas prices. This effort includes urging states to enforce fuel price-gouging laws and join investigations into oil companies.
Coverage from Fox Business, Politico, and OilPrice.com emphasizes the federal government's push for state-level cooperation. CBS News reports that the U.S. is currently monitoring oil markets for evidence of price-fixing.
Additional developments include a new plan unveiled by Senator Adam Schiff (D-Calif.) to hold oil companies accountable for inflated prices, according to Spectrum News.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 45d ago.
The obvious questions
What specific illegal activities are being targeted?
Federal agencies are focusing on price-fixing and fuel price-gouging.
Which federal agencies are leading this effort?
The Department of Justice (DOJ) and the Federal Trade Commission (FTC).
Is there any legislative action involved?
Senator Adam Schiff of California has unveiled a plan to hold oil companies accountable for inflated gas prices.
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