Blago and the gas pumps

Meanwhile, gas prices rise, but it’s Blago to the rescue:

Gov. Rod Blagojevich on Monday asked Illinois' attorney general to investigate possible price gouging at gas stations as Hurricane Katrina battered the Gulf Coast, a crucial area for U.S. oil and natural gas operations.


"While losing a significant portion of our nation's domestic oil production will likely cause an increase in oil prices, it is critical that we ensure that no one be allowed to use this natural disaster as an excuse to exploit consumers," Blagojevich wrote to Attorney General Lisa Madigan, also a Democrat.

But what are Blago and Lisa going to do about it?  Supply down, demand up, and prices with it.  Would they have us ignore that law?  Or don’t they believe in it.

I have a law that ought to be passed: all governors should take Economics 101 at the state campus nearest their home.

Blagojevich said that while most gas stations won't use a natural disaster as an excuse to raise prices, "there are always a few bad apples."

"Unfortunately, the actions of a those few bad apples could mean higher gas prices for drivers," he said.

Well for cry-eye, it’s a few gas stations he’s worried about?  Why all the fuss?

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