Gasoline Prices

The Democratic Policy Committee held a hearing on the state of fuel production and gasoline pricing in the wake of Hurricane… read more

The Democratic Policy Committee held a hearing on the state of fuel production and gasoline pricing in the wake of Hurricane Katrina. Senators discussed disruptions in refining and supply capacity as a result of the disaster. They also focused on pricing practices, the levels of corporate profits, and the oil industry’s reluctance in past years to take measures to increase production capacity. Witnesses testified to the hardships that both consumers and gasoline station owners face in light of increased gasoline prices.

During the hearing a meter indicating profits per second and the total amount of corporate profits earned during the hearing period was mounted on a wall. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Baker, Dean Co-Founder and Co-Director Center for Economic and Policy Research
  • Cooper, Mark N. Director Consumer Federation of America->Research
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Gasoline Prices

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Program ID:
188932-1
Category:
Public Affairs Event
Format:
Meeting
Location:
Washington, District of Columbia, United States
First Aired:
Sep 19, 2005
Last Aired:
Sep 20, 2005

Airing Details

  • Sep 19, 2005 | 1:30pm EDT | C-SPAN 1
  • Sep 19, 2005 | 8:24pm EDT | C-SPAN 2
  • Sep 20, 2005 | 1:37am EDT | C-SPAN 2
  • Sep 20, 2005 | 4:37am EDT | C-SPAN 1
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