from one side of to the other the past 20 years, changes in the price of coarse oil have led to 85 percent of the changes in the retail price of gasoline in the U according to a Federal Trade Commission (FTC) report. Other important factors have included increasing demand, endow restrictions, and federal, state, and local regulations like as "clean fuel" requirements and taxes, the FTC studious mood found.
"U.S. consumer are frustrated by means of rising gasoline prices, and they merit to know the facts. Further, sole through a hard look at the facts can officials make what likely are tough decisions and devise meaningful replications to important consumer issues," said Chairman Deborah Platt Majoras. "The Federal Trade Commission will continue to watch closely for signs of anticompetitive or fraudulent mode of action in the petroleum industry, and will take swift action against any law violation."
The report cites a spike in Phoenix gas prices during the
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