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Politics : Politics for Pros- moderated

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To: DMaA who wrote (138395)9/12/2005 5:38:40 AM
From: John Carragher  Read Replies (1) of 793955
 
i understand there a numerous service stations operators being charged for higher than allowed pricing. several states have limits on profit margins. if dealers post prices exceeding those profit limits they are in violation of state laws.

penalty should be what ever the current state law in effect requires. pa is now reviewing a proposal to approve such a law . we do not have one at this time.

State finds gas price gouging
Stations accused of more than 100 violations as motorists pay more than $3 a gallon
Wednesday, September 07, 2005
BY TOM JOHNSON
Star-Ledger Staff
The state yesterday said it found more than 100 violations of anti-price-gouging regulations at New Jersey gasoline stations while the cost of regular fuel soared past $3 per gallon.

State inspectors visited more than 400 stations last week and through Labor Day weekend in response to hundreds of complaints from consumers.

The investigators found about one-third of the violations involved prices being raised more than once every 24 hours, according to Jeff Lamm, a spokesman for the agency. Other violations involved cases in which the gas-price setting on a pump differed from the posted price and gas pumps were unregistered.

"I have no tolerance for opportunists who try to make money during this national crisis," acting Gov. Richard Codey said.

Codey said the state will seek the maximum penalties, which for the first offense ranges from $50 to $200 and goes up to $10,000 for subsequent violations. Some stations were suspected of multiple violations.

None of the stations has been hit with any penalties yet because the cases are still open, Lamm said. The state declined to identify the stations, locations or owners.
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