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New York Attorney General Launches Sandy Price-Gouging Probe
Why does this matter to me?
The average price of gas over the last week is up about 15 cents a gallon in Long Island, 9 cents a gallon in New York City and 7 cents a gallon in New Jersey, AAA said. That contrasts with falling gas prices nationally.
New York State Attorney General Eric Schneiderman on Monday launched an investigation into post-storm price gouging after consumers flooded his office with complaints about jacked-up prices for everything from gasoline to hotel rooms, Reuters reports.
Schneiderman’s announcement came as AAA, the national auto club which tracks gas price trends, said prices in some storm-stricken zones have risen as much as 15 cents a gallon in the week since Sandy struck, even as the national gas price keeps falling.
The attorney general said his office has received hundreds of complaints from consumers in areas of the state hit hardest by Sandy – New York City, the Hudson Valley and Long Island.
The largest number of complaints are related to increased gasoline prices, he said in a statement, but consumers also have reported possible gouging for emergency supplies like generators and hotels raising rates due to “high demand,” as well as increased prices for food and water.