Lawmakers hold hearing on gas prices

Posted: Sunday, October 26, 2008

ANCHORAGE - State lawmakers are not finding easy answers in their investigation into high gasoline prices.

After a second hearing Thursday, they still have more questions than answers why Alaskans pay 70 to 90 cents more per gallon than drivers in Seattle or Hawaii.

State Rep. Jay Ramras said the problem does not lie with retailers.

The Fairbanks Republican said that leaves the distributors and the refineries and lawmakers to find answers.

Senior Assistant Attorney General Ed Sniffen said there is no price gouging law in Alaska that says they have to charge any specific price.

The Attorney General's office conducted a similar gasoline investigation in the late 1990s that produced inconclusive results.

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