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by Stewart A. Alexander
Monday, Mar. 27, 2006 at 6:09 AM
The oil industry is off to an early start to raise gasoline prices and profits. Stewart Alexander, the Peace and Freedom Party candidate for lieutenant governor, says he will push for gasoline price controls in California to end gouging at the pumps.
Lieutenant Governor Candidate Wants Gasoline Price Controls
Stewart A. Alexander
California Lieutenant Governor
Peace and Freedom Party
Less than three years ago California Lieutenant Governor Cruz Bustamante was prepared to back legislative efforts to control gasoline price gouging. Now there is a new challenger, running for the second highest office in California government, ready to control surging fuel prices.
Stewart Alexander, a candidate for lieutenant governor, is running on the ticket of the Peace and Freedom Party, and he says, “It is time California take control of rising gasoline prices to control a profit greedy oil industry.”
Within the past few days prices have once again topped the .00 mark in many areas of Southern California and prices are expected to rise above .00 before the end of 2006.
Presently there is no shortage of supplies and production levels are keeping pace with consumer demands. Alexander says, “We have one basic problem existing and that is corporate greed. The oil industry is out of control and Californians need some basic oil industry standards to survive.”
Stewart Alexander is proposing state and federal price controls on two grades, 87 octane and diesel fuel. Alexander wants 87 octane capped at .25 per gallon to offer relief to many individuals that need lower grade fuel for everyday commuting. Under Alexander’s plan, diesel fuel would also be capped at .25 per gallon, considering the cost of diesel fuel greatly affects the trucking industry for goods that are transported to markets.
Alexander proposes having some method of price controls until 2012 to provide time to develop alternative fuels and more efficient means of transportation.
Lieutenant Governor Cruz Bustamante back the plans of State Senator Joe Dunn in 2003 when the price of 87 octanes had topped .00 per gallon, however the plan did not gain legislative support and was sharply criticized by the oil industry experts.
Now with the oil giants posting record profits, and ever increasing prices, Alexander says, “I believe the public is ready to set minimum standards to prevent outrageous price gouging on working people.”
For more information search the web for Stewart A. Alexander, Candidate for California Lieutenant Governor.
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