Judge Rules for Marathon in Gouging Case

A Frankfort judge, in a price gouging case against Marathon Petroleum, has refused to force the oil company to roll back gas prices in Kentucky. In the wake of April flooding, Kentucky Attorney General Jack Conway accused Marathon Petroleum of price gouging during a State of Emergency declared on April 26th. Conway wanted Franklin Circuit […]

Experts Testify in Gas Price Gouging Case

In Frankfort, two economic experts battled it out in a day long hearing in Kentucky’s gas price gouging case against Marathon Petroleum. The state is accusing Marathon of gasoline price gouging during a state of emergency declared on April 26th and still in effect. Peter Ashton, a consulting economist for the attorney general’s office, said […]

Hearing On Gas Price Gouging Complaint Set In Frankfort

A hearing on alleged gasoline price gouging in Kentucky by Marathon Petroleum resumes Thursday morning in Frankfort. Attorney General Jack Conway says Marathon Petroleum has been illegally jacking up gasoline prices during a state of emergency. The company strongly denies it, and both sides are preparing to present expert witnesses in Franklin Circuit Court. Conway […]

Nothing Resolved In Marathon Price Gouging Lawsuit

Kentucky Attorney General Jack Conway and attorneys for Marathon Oil faced off in Franklin Circuit Court this morning.  Conway accuses Marathon of gasoline price gouging during a state of emergency. Attorney Sheryl Snyder, who represents Marathon, says the case appears to have more to do with price control than price gouging.  “They’re not even alleging that […]

Beshear Invokes Price Gouging Law

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 […]