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Monday, September 15, 2008

State officials investigate gas price gouging

State officials are beginning to investigate complaints of price gouging at numerous gas stations across Georgia. This comes in the wake of Hurricane Ike’s trek through the Gulf and Texas over the weekend.

Through late this morning, the Governor’s Office of Consumer Affairs says they had received 80 complaints of unreasonable spikes in prices since 7pm Friday. The calls have come in from all parts of the state, and about different companies’ stations.

Early Friday night, the Governor issued an executive order against price gouging. Its aim is to make sure the prices people are paying are in-line with what retailers pay. Over the weekend some drivers around the state saw spikes of over $5.00 a gallon at certain stations, along with some stations running out of gas.

According to the AAA fuel gauge report this morning , the average price in Georgia for a gallon of regular unleaded was $4.16--a rise of 16-cents from Sunday.

The brunt of Hurricane Ike missed the biggest concentration of oil and gas refineries in the Gulf, with damage not as severe as feared. Experts predict gas prices to stabilize this week.

GPB News Team: