Edwards Calls For Probe Of Oil Industry

Democratic presidential hopeful John Edwards wants a federal investigation into possible antitrust violations by the oil industry.

The former North Carolina senator talked to reporters yesterday during a brief campaign stop at a restaurant in Silicon Valley.

Edwards says there's --no-- justification for gas companies to be as profitable as they are and have what he called taxpayers subsidizing the industry.

Edwards outlined an energy plan he said would help get America "off its oil addiction." He says his plan would seek to provide economic relief while increasing industry oversight and reducing America's petroleum-reliant habits.

Edwards wants an independent Justice Department investigation into the wave of mergers of oil companies and the cause of higher gas prices.


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