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Pumping taxpayers dry. (Correction, Please!).(taxes as factor in gasoline prices)(Brief Article)
ITEM: Gas prices were the subject of hearings led by Sen. Carl Levin (D-Mich.), chairman of the Senate Permanent Subcommittee on Investigations, who posted his summary of the 10-month investigation on his website. As the senator complained, "gas prices have increased in the last few months faster than at any time in the past 50 years." Increased prices, he said, "represent a significant shift in wealth. For every 1 cent/gallon increase in the price of gas, the income to the oil companies goes up $1 billion a year:"
CORRECTION: The senator uses statistics like a drunk uses a lamppost -- for support rather than illumination. His numbers may well be correct -- as far as they go. But when he bemoans the rate of increase, he ignores the fact that current average gas ...
- New Gasoline Inquiry Planned.(Senate will investigate high gas prices and oil...
- Newspaper article from: The Oil Daily May 30, 2001 700+ words
...becomes chairman of the Senate Permanent Subcommittee on Investigations. "We...suffered a dramatic increase in gas prices, but so far the explanations...companies need to explain why gas prices have increased so dramatically...company mergers have had on gas prices, and ...
- Sen. Reid Introduces Resolution Concerning Production of Records by Senate...
- News wire article from: US Fed News Service, Including US State News August 5, 2008 700+ words
...the production of records by the Permanent Subcommittee on Investigations of the Committee...the production of records by the Permanent Subcommittee on Investigations of the Committee...Governmental Affairs. Whereas the Permanent Subcommittee on Investigations of the Committee...
- JPMorgan Chase Responds To the Senate's Permanent Subcommittee On...
- Press release article from: Business Wire July 29, 2002 700+ words
...to the United State Senate's Permanent Subcommittee on Investigations' July 25, 2002...Collins United States Senate Permanent Subcommittee On Investigations 199 Russell Senate...this letter in response to the Permanent Subcommittee on Investigations' July 25, 2002...
- Panel to Issue Enron Subpoenas.(US Senate's Permanent Subcommittee on...
- Newspaper article from: The Oil Daily January 10, 2002 700+ words
...collapse of Enron will be issued Friday by the Senate's Permanent Subcommittee on Investigations, the committee said Wednesday. Marking...Senate Committee on Governmental Affairs, of which the permanent subcommittee is a part. The two are pursuing separate lines of inquiry...
- Pentagon expresses concern over Iraq-shootdown depositions. (friendly fire...
- Newspaper article from: Defense Daily Breen, Tom September 20, 1996 700+ words
...William Roth (R- Del.). Roth is the chairman of the Permanent Subcommittee on Investigations. Roth's panel wants depositions...given to Defense Daily yesterday, Roth said, "The Permanent Subcommittee on Investigation is conducting an investigation into...
- MasterCard to Testify at Upcoming Permanent Subcommittee on Investigations...
- Press release article from: Business Wire July 20, 2004 700+ words
...vice president and assistant general counsel, is planning to testify at a U.S. Senate Governmental Affairs Permanent Subcommittee on Investigations hearing examining purchasing pharmaceuticals over the Internet. The hearing is scheduled...
- Senate panel examines ins. fraud. (Permanent Subcommittee on Investigations)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Brostoff, Steven July 8, 1991 700+ words
...existing limitations faced by state insurance regulators, said Sen. Sam Nunn, D-Ga., chairman of the Permanent Subcommittee on Investigations. (Meanwhile, the United States Senate has approved legislation backed by the Kansas City...
- Federal rules proposed for offshore cos. (Senate Permanent Subcommittee on...
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Brostoff, Steven July 20, 1992 700+ words
...filling regulatory gaps relating to offshore insurance and reinsurance. The recommendations came from the Senate Permanent Subcommittee on Investigations, which is chaired by Sen. Sam Nunn, D-ga. The subcommittee has conducted an extensive...