McBride Avenue Lukoil fined $15,000 for price gouging | Paterson Times Paterson Times

McBride Avenue Lukoil fined $15,000 for price gouging

By P.T.
Published: July 23, 2013


The Lukoil gas station located on McBride Avenue that was identified last year for price gouging days following Hurricane Sandy has been fined $15,000, according to the Attorney General’s Office.

After the storm the gas station raised its price by more than 50-percent: “regular gasoline, increased from $3.799 per gallon to $5.499 per gallon, an increase of 59%,” according to court papers filed by the state.

AT Petroleum, which owns and operates the gas station, settled to pay the $15,000: “$7,807 in civil penalties, $4,696 in attorneys’ fees and $2,497 in investigative costs.”

Part of the settlement included a promise by the business owners to never charge excessive prices for gasoline during a declared state of emergency.

“The immediate aftermath of Superstorm Sandy left many New Jerseyans in a state of chaos and turmoil, which was only made worse when companies illegally gouged them for essential items such as shelter and fuel,” says John Hoffman, the acting attorney general.

Copyright © 2012-2023 Paterson Times all rights reserved.