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1:49 p.m. • 2-12-12

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More gas stations subpoenaed in price-gouging probe


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Easley activates price-gouging law
Easley activates price-gouging law

A Fayetteville gas station was among 10 whose records the state Attorney General's office subpoenaed Wednesday in its investigation of possible price-gouging last week in advance of Hurricane Ike.

The subpoenas were the second wave of document requests sent to gas stations across the state this week as authorities try to determine whether dealers could justify price spikes at the pump last week.

Last Thursday, the average gasoline price statewide was $3.67 a gallon, and it was $3.68 in the Triangle. By Monday, gas prices had hit record highs, with a statewide average of $4.085 and a Triangle average of $4.05.

The price spike came amid fears that Ike would cripple U.S. refining capacity along the Texas Gulf Coast, where plants produce about one-quarter of the nation's daily fuel needs. People rushed to fill their tanks Friday, fearing stations would run out of gas, and thousands called state officials to complain about rapid price increases.

Attorney General Roy Cooper subpoenaed records Monday from the owners of 14 stations that charged at least $5.50 a gallon for regular gas. The nine subpoenas issued Wednesday included one for the Circle B station on South McPherson Church Road in Fayetteville, which charged $5.49 a gallon Friday.

The other stations subpoenaed Wednesday were in Asheville, Greensboro, New Bern, Old Fort, Statesville, Troy and Winston-Salem.

Companies face a civil penalty of up to $5,000 for each violation of the state price-gouging law.

Cooper said high gas prices don't necessarily equate to price-gouging, noting that a station's wholesaler could be charging higher prices.

RELATED TOPICS: Hurricane Ike, Fayetteville, Hurricane Season

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I am still waiting for DIESEL fuel to be mentioned. Why didn't diesel fuel increase like gasoline did? In our area, the diesel prices NEVER budged. During the gouging streak, gallons were limited, but the price never changed. Go figure.

Well Mr Attorney General, if the wholesaler is charging higher prices for the gasoline will the wholesaler be fined? Sounds like there is a loop-hole in your subpoena theory, or just a publicity statement. Gouging is gouging... everyone knows regular gas does not cost $5.50/gal. Fine the one's who are responsible, whether the gas wholesaler, or the store.

"We only flush the potty when we doodle"

Makes me think of the line in Meet The Parents 2 -- If it's yellow, let it mellow. If it's brown, flush it down.

These days I guess we need to save a few cents whenever and wherever we can!

"We only flush the potty when we doodle" LOL, It just sounds so funny. Thats a way to put "Doodle" lol

"Companies face a civil penalty of up to $5,000 for each violation of the state price-gouging law."

Thats great, but at $1.00 extra per gallon, if you sell 5,001 gallons you have still made a profit. I wonder how much gas those stations sold? It might be worth the penalty...

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