Price Gouging Investigations Continue

Yee, Nicole
November 2005
Convenience Store News;11/15/2005, Vol. 41 Issue 14, p18
Trade Publication
This article reports that consumer complaints of price gouging by gas stations and oil companies have flooded offices of attorney generals in the U.S., in the wake of supply shortages caused by the hurricanes in the Gulf Coast. Dan Gilligan, president of the Petroleum Marketers Association of America (PMAA), noted that PMAA held a conference call with the National Association of Attorneys General shortly following Katrina to make sure the states' lawyers knew the situation facing both retailers and distributors. Recently, a bill passed the House stating retailers with more than two complaints filed against them will be investigated. The bill awaits the Congress and PMAA has already talked to the Congress members in an effort to scale it hack. In Florida, the attorney general's office received more than 1,800 complaints about the skyrocketing prices of fuel. In Missouri, Attorney General Jay Nixon took legal action against 10 gas stations in southern Missouri. Nixon's office investigated how much gas stations paid for gas in a 20-day window around Hurricane Katrina, compared to what they charged customers, to determine whether prices were outside the law.


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