Friday, May 13, 2011

Gas Price Spike Ignites Investigation, May 12 2011

ABC 7


Some local gas stations raised prices overnight, in some cases by as much as 20 cents. Maryland’s AG is looking into the issue.

The regional average for a gallon of regular stands at $4.03. Some gas stations across Montgomery, Prince George’s and Anne Arundel counties increased prices by 10 to 20 cents overnight. The same happened in Northern Virginia. AAA said local motorists are reporting jumps of 20 to 25 cents a gallon since Monday at some gas stations in Virginia and Maryland.

Maryland Attorney General Doug Gansler says he wants answers. “This is unprecedented. It hasn’t happened during Katrina or any other time,” he said. “They cannot raise the price by that much and then rely on deceptive reasoning.”

Several station owners told ABC7’s Brad Bell their contracts with distributors forbid speaking with the media, but privately said they were outraged because it’s killing their business. One owner passed along a document he received Monday night ordering a 20 cent increase.

Full story here.

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