Comments on: Greed keeps our gas prices high http://homertribune.com/2012/07/greed-keeps-our-gas-prices-high/ Homer, Alaska Sun, 16 Jun 2013 09:21:23 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: guest http://homertribune.com/2012/07/greed-keeps-our-gas-prices-high/comment-page-1/#comment-86905 guest Wed, 11 Jul 2012 20:08:09 +0000 http://homertribune.com/?p=21109#comment-86905 This has been done before, they are not really trying to solve the problem so throwing more money at a study will not help. They are afraid we might drive the Koch refinery out of business. Report says regulating gas prices not very wise RISKY: Such a move could drive refineries out of business. Read more here: http://www.adn.com/2009/02/02/676924/report-says-regulating-gas-prices.html#storylink=cpy "The 54-page House Judiciary Committee report also warns that any attempt to regulate consumer gas prices risks driving the refineries out of business and severely impacting Alaska's economy. Committee Chairman Jay Ramras, R-Fairbanks, said the committee's findings are based on intuition after spending four months researching and gathering testimony on the issue. "It seems that in order for refineries to maintain their competitive position in the global jet aviation market, they have to shift costs on to a much smaller more fragile consumer retail gasoline market," Ramras said. "We don't think there's any illegal activity going on. We think it has to do with two very distinct marketplaces," he said". This has been done before, they are not really trying to solve the problem so throwing more money at a study will not help. They are afraid we might drive the Koch refinery out of business.

Report says regulating gas prices not very wise

RISKY: Such a move could drive refineries out of business.

Read more here: http://www.adn.com/2009/02/02/676924/report-says-regulating-gas-prices.html#storylink=cpy

“The 54-page House Judiciary Committee report also warns that any attempt to regulate consumer gas prices risks driving the refineries out of business and severely impacting Alaska’s economy.

Committee Chairman Jay Ramras, R-Fairbanks, said the committee’s findings are based on intuition after spending four months researching and gathering testimony on the issue.

“It seems that in order for refineries to maintain their competitive position in the global jet aviation market, they have to shift costs on to a much smaller more fragile consumer retail gasoline market,” Ramras said.

“We don’t think there’s any illegal activity going on. We think it has to do with two very distinct marketplaces,” he said”.

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