The Price of Gasoline

Archive Report

Sharp Increases in the prices of gasoline during January and February, which carried, the average price nearly 50 per cent above the December level, led to the introduction of a resolution by Senator Trammell, B., Florida, during the special session of the Senate for a new investigation of the oil industry by the Federal Trade Commission. Senator Trammell, failed to secure action on his resolution prior to the adjournment of the special session, but the resolution will be pending when Congress reconvenes and the action finally taken upon It will depend in large measure upon the course of gasoline prices during the coming months.

Previous Investigations

During the last ten years the oil industry has been under practically continuous investigation by federal agencies. Nine investigations of ...

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