Beshear Invokes Price Gouging Law

by Rick Howlett on September 12, 2008

As Hurricane Ike bears down on the Texas coast and its refineries, Kentucky Governor Steve Beshear has declared a state of emergency in the Commonwealth, in an effort to prevent
predatory pricing at the gasoline pump.

Beshear announced the action Friday during an appearance in Lexington.

“By doing this under the Consumer Protection Act, it empowers the attorney general to proceed against uncrupulous providers of goods and services who are engaging in price-gouging,” Beshear said.

Attorney General Jack Conway says his office has already received reports of prices exceeding $4.50 per gallon in some locations.

(Thanks to WUKY, Lexington)

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