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Lax Oversight Blamed for High Gas Prices - Yahoo! News

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Lax Oversight Blamed for High Gas Prices - Yahoo! News
Topic: Business 6:54 pm EST, Mar  7, 2006

While natural gas prices are up about 28 percent this year, usage is down 5 percent. At the same time, supply has remained steady.

"How can you have demand down, and price up and supply level?" said Iowa Attorney General Tom Miller. "It doesn't make sense. To get to these big increases, you have to look at the financial side, at the trading."

Enron redux?

Lax Oversight Blamed for High Gas Prices - Yahoo! News



 
 
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