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BUSINESS

58% Say Free Market Competition Better Than Regulations At Controlling Gas Prices

Most Americans don’t believe rising gas prices reflect actual market conditions, but a majority says free market competition is better than government regulations at keeping prices down.

A new Rasmussen Reports national telephone survey of American Adults shows that only 24% think rising gas prices accurately reflect market conditions. Sixty-seven percent (67%) believe oil companies use bad news to gouge customers. (To see survey question wording, click here.)

The survey of 1,000 Adults nationwide was conducted on February 23-24, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.

We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.

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