Summary
Consumers are cheering the findings of a state investigation into higher-than-average gasoline prices, but one economist for the oil industry is downplaying the suggestion that Utahns are being gouged.
On Friday, the Utah Department of Commerce issued a report that said Utah's gasoline retailers took advantage of consumers as wholesale prices began to decrease but concluded that retailers were not breaking any state laws.See the full content of this document
Extract
Gasoline 'Gouging' Elicits a Rebuttal
Rayola Dougher, manager for energy market issues and an economist for the American Petroleum Institute, said Utah's gross profit margin for retailers is not out of line with other cities.
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