News

Congress Can’t Push Down Oil Prices

Congress Can’t Push Down Oil Prices

Congressman Dusty Johnson Photo: WNAX


Putting the anti-trust hammer down on oil companies won’t do anything to bring down high gas prices.
South Dakota Congressman Dusty Johnson held a tele-town hall yesterday (Thursday) and one caller asked why Congress couldn’t halt oil company price gouging….

Johnson used a metaphor to illustrate how the market works….

Johnson says prices have controlled the market in the past….

Gas prices have dropped sixty to eighty cents a gallon from the mid-June highs.