The state alleged that the company engaged in 545 instances of price gouging from Oct. 27, 2012, to Nov. 5, 2012. The state’s complaint was filed in December 2012.
New Jersey state officials said Monday that settlements have been reached with two hotels and a gas station accused of price gouging following Superstorm Sandy.
Schneiderman wrote to the vendors, reminding them that General Business Law prohibits increasing the costs of essential items and services during natural disasters or other events that disrupt the market.
New York State Attorney General Eric Schneiderman said 29 gas stations have either reached settlements or are being sued for price gouging.
The gas stations involved in this latest probe include four on Long Island, six in New York City and two in Westchester County.
Attorney General Jeffrey Chiesa said Wednesday the second round of price gouging lawsuits are against seven hotels and three gas stations.
Two New York State lawmakers on Sunday calling for more protection for consumers against price gouging at the gas pump.
After the one-two punch of Superstorm Sandy and the nor’easter, many homeowners are on the hunt for supplies and repair work. But some customers complained that vendors are showing no pity — and unreasonably raised their prices.
The gas stations are accused of raising pump prices anywhere from 17 to 59 percent higher during the state of emergency related to the storm. The hotel is accused of raising room rates by 32 percent.
While getting around may be easier since Superstorm Sandy, paying a reasonable price for gas is not – at least at some locations CBS 2 found.
Lines remained unbearably long at gas stations a full seven days after Superstorm Sandy hit, and motorists have been wondering when they will finally see relief at the pump.
Gov. Malloy has again urged shoreline residents to heed his evacuation order. He declared a state of emergency on Saturday. Malloy said Sandy is forecast to cause more flooding damage than the state saw in the devastating hurricane of 1938.
Roughly 50 people have called New Jersey’s Division of Consumer Affairs about price gouging of gas, batteries, bottled water and hotel rooms.
Thomas Calcagni, director of the N.J. Division of Consumer Affairs, says the department is “aggressively investigating” each allegation of price gouging. Those include allegations of overcharging for bottled water and gasoline.
It’s hard not to think you’re being gouged when you see the gas prices spike, and in some cases, you are. Aside from that, though, the buying and selling of gasoline is a complicated business based on anticipation as much as reality.