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Oil Industry / Gas Prices / Manipulation Investigation #700868

CBS Evening News for Thursday, May 09, 2002
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(Studio: Dan Rather) Report introduced.

(Washington: Wyatt Andrews) A federal investigation into whether the oil industry is manipulating gasoline prices previewed; details given of plans to monitor gas stations in 36 states; scenes shown of drivers pumping gasoline. [Federal Trade Commission Bill KOVACIC - says the FTC wants to know what causes changes in gasoline prices.] [Public Citizen energy analyst Tyson SLOCUM - says withholding gasoline is a legal way to drive up prices.] [Attorney Tim COHELAN - says the oil industry is making "monopoly profits."]

Reporter(s):
Andrews, Wyatt;
Rather, Dan
Duration:
00:02:20

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