Am i being gouged on price of gas_ __ wral. com

Raleigh, N.C. Gas 1940 — Gas prices spiked over the weekend because a pipeline shutdown created some shortages in fuel across North Carolina, but state officials say it’s too early to determine whether any stations are guilty of price gouging.

Gov. National gas average 2007 Pat McCrory put the state’s price gouging law into effect on Friday, and about 1,000 people had filed complaints by Tuesday with the Consumer Protection Division of the state Attorney General’s Office.

State law defines price gouging as charging “a price that is unreasonably excessive under the circumstances.” There is no set price or percentage increase defined in the law, so it can apply to different products and services in times of crisis.

“Unreasonably excessive” can sometimes be hard to prove. Electricity videos for students Officials look at a number of factors when investigating complaints, including the average price in the previous 60 days and any additional costs the station or distributor had to pay in getting gas to the pumps.

For example, someone complained about Sheetz charging $9.99 a gallon at a station in King on Monday, but the company said stations post that when they have run out of gas and aren’t actually charging that price.

Attorney General Roy Cooper issued subpoenas Monday to a gas station and a wholesaler in Guilford County after the station reportedly was selling gas for $4.50 a gallon. Gas 87 89 93 On Tuesday, subpoenas were issued to gas stations in Smithfield, Winston-Salem and Stokesdale, each of which were charging $3.99 or more per gallon, officials said.

People can report price gouging through the Consumer Protection Division website or by calling 1-877-5-NO-SCAM toll-free in North Carolina or 919-716-6000. Gas prices They can submit copies of receipts or send photos of price signs to support their complaints.

Stations found in violation of the law can face fines of up to $5,000 for each violation, with all fines going to support public schools. Mp electricity bill payment online bhopal The Attorney General’s Office also tries to win refunds for consumers whenever possible, such as $71,000 won from 14 gas stations the last time the price gouging law was in effect, which was when Hurricane Ike hit the Gulf Coast eight years ago, shutting down some refineries.

Prices for gas are absolutely price gouging. Npower electricity bill When there’s a disruption somewhere, prices immediately go up, regardless of whether the effect has reached the station. Gsa 2016 new orleans Then, the prices stay high even after the disruption has been fixed. Electricity outage chicago It’s always this way. Bp gas station QUOTE Report as abuse

The anti-gouging laws are what cause this kind of panic to lead to supply problems. Electricity and magnetism worksheets 8th grade If gas prices were allowed to go up two groups of people would have an incentive to change their behavior:

2-Suppliers would have an incentive to divert resources from places without supply problems in order to take advantage of the higher profits to be made.

What is happening now is government price fixing which basically lets the first person to show up to the pump get gas for less than it is worth so they are encouraged to hoard fuel. Electrical supply company near me (fill up containers and/or top off with half a tank). E payment electricity bill maharashtra QUOTE Report as abuse

Once the leak is fixed and the gas flows again, will the price come back down just as fast? No, it will be months before the price comes back down to pre-leak levels (if at all). Gas variables pogil worksheet answer key QUOTE Report as abuse

By allowing the free market to set whatever price the market will bear, supplies will appear to meet the demand. Gas pump heaven Anti-gouging laws only serve to limit supplies. Q gas station Example: There’s plenty of gas in Savannah and Philadelphia. F gas regulations 2015 You can hire your own truck to go fetch it at $5/gal or let your local C-store sell it at $3/ gal….your choice. Gas house pike frederick md QUOTE Report as abuse

Gouging is the word used by people who don’t understand the very basics of supply and demand. Electricity nightcore lyrics If you feel that something is not worth what is being charged, move on down the road. Gas tax in new jersey If no one else has it and you have to go back, desperate for the product, then it is obviously worth what is being charged to the person who already has it and values it. Electricity quiz ks3 If he can’t sell it at the price that he is charging, he will lower the price. Gas prices going up or down — Posted by Josh Anderson

Just because all others are out of gas and you are forced to go back to pay one stations ridiculous price doesn’t make it worth it. Electricity and magnetism notes That is what is at the base of gouging. Gaz 67 dakar It usually goes by what that station had to pay for the gas, so if he paid a law and price and had reserves before all this happened and then decided that since all others were out that he could charge what he wanted and people would be forced to pay it makes it illegal. Gas and water At this point it isn’t about supply and demand. Electricity worksheets grade 6 Now once all these stations have to truck gas in from far off or pay a higher price to the supplier then they can be expected to pass that on to the customer and raise those prices, but only to a certain percentage. Gas mask ark But then again anyone gouging at a time like this, when it’s all over and things go back to normal customers will remember that and they might lose a lot of business and it would serve them right. Gas monkey monster truck body You just can’t take an unfair advantage of people and expect not to suffer the consequences. Electricity lessons grade 6 QUOTE Report as abuse

Gouging is the word used by people who don’t understand the very basics of supply and demand. Impact of electricity in the 1920s If you feel that something is not worth what is being charged, move on down the road. Gasket t 1995 If no one else has it and you have to go back, desperate for the product, then it is obviously worth what is being charged to the person who already has it and values it. Electricity synonyms If he can’t sell it at the price that he is charging, he will lower the price. Gastronomia y cia QUOTE Report as abuse