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92_HR0340
LRB9208957RHrh
1 HOUSE RESOLUTION
2 WHEREAS, The consumer in the State of Illinois has no
3 choice but to pay the asked-for price for motor fuel in his
4 or her area, and that price is set by oil companies; and
5 WHEREAS, The average price of regular gasoline in the
6 State of Illinois and the Midwest as a whole has recently
7 experienced several unexplained price increases; and
8 WHEREAS, The price of motor fuel outside the containment
9 area of Chicago is not consistent and has the appearance of
10 price gouging by the oil industry; and
11 WHEREAS, The rising cost of motor fuel is beginning to
12 cause a financial hardship on businesses and the citizens of
13 the State of Illinois who rely on motor vehicles for business
14 and travel, while oil corporations have generated record
15 profits during the past twelve months; and
16 WHEREAS, The long-term effect of these price hikes is
17 likely to result in inflation rate increases across the
18 region, causing further undue hardship on businesses and
19 citizens in the State of Illinois; and
20 WHEREAS, Issues remain that require further investigation
21 to understand completely the reasons for high Illinois
22 gasoline prices in May and June of 2000 as well as the
23 unexplainable price hikes that have occurred in April and May
24 2001; and
25 WHEREAS, The State of Illinois does not have the
26 authority to investigate multi-national oil companies to
27 ensure that collusion between these companies has not
28 occurred; therefore, be it
29 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
30 NINETY-SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
-2- LRB9208957RHrh
1 we urge the President of the United States to initiate an
2 investigation of possible collusion among petroleum companies
3 resulting in rapid unexplained price increases in motor fuel
4 throughout the Midwest; and be it further
5 RESOLVED, That a suitable copy of this resolution be
6 delivered to the President of the United States and to each
7 member of the Illinois congressional delegation.