GIBERSON: Magnifying calamity with man-caused disasters

Washington Times -Michael Giberson is an instructor with the Center for Energy Commerce in the Rawls College of Business. With $4-a-gallon gas a matter of recent news, a few members of Congress are trying again to give the federal government the job of policing gasoline prices. No matter that in study after study, the Federal Trade Commission (FTC) has found that public concerns over price gouging usually are misplaced. No matter that the FTC has repeatedly told Congress a federal price-gouging law would cause more problems than it solves.

With $4-a-gallon gas a matter of recent news, a few members of Congress are trying again to give the federal government the job of policing gasoline prices. No matter that in study after study, the Federal Trade Commission (FTC) has found that public concerns over price gouging usually are misplaced. No matter that the FTC has repeatedly told Congress a federal price-gouging law would cause more problems than it solves.

 

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