Inslee alleges profiteering by oil, gas companies

OLYMPIA – Gov. Jay Inslee wants legislation to investigate the possibility fossil fuel companies are profiteering from high gas prices in the state.

“Well, people are tired – are sick and tired – of oil and gas companies profiteering on this,” Inslee said last week. “You know, we’re finding companies have profits much higher in our state than other places, and we need to get to the bottom of that. It’s unacceptable to be profiteering.”

Profiteering is defined as the act or activity of making an unreasonable profit on the sale of essential goods, especially during times of emergency. “So I will...

 

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