Dropping Oil Prices Unlikely To Sway KY Investigation

by Gabe Bullard on September 11, 2008

With oil prices dropping to near $100 dollar per barrel, the investigation into high gas prices in Kentucky is gathering new data.

Attorney General Jack Conway, Governor Steve Beshear and Louisville Mayor Jerry Abramson are conducting the investigation. The original investigation focused on Louisville, but now has expanded to the entire state.

The group is watching to see if gas prices in Kentucky drop in response to lower oil prices. But Attorney General spokesperson Allison Martin says the issue is endemic.

“We do have questions about this, but this is not just a situation that’s going on in Louisville and in Kentucky but it’s a situation that other states are seeing at this point as well,” she says.

Conway has issued civil subpoenas to area gasoline wholesalers and expects information on their pricing structure by mid-October.

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