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Claim: Photograph shows gas station sign advertising premium gasoline for
Examples: [Collected via e-mail, 2005]
Origins: In the days immediately after Hurricane Katrina stuck the Gulf Coast in
Gasoline customers check prices and leave at a BP station in Stockbridge, Ga., Wednesday,
Prices didn't stay at these levels for long, however — on the same day this photograph was taken, Georgia governor Sonny Perdue signed an executive order authorizing sanctions against price-gouging gasoline retailers:
With some retailers advertising gasoline prices as high as $6 per gallon, Gov. Sonny Perdue signed an executive order authorizing state sanctions against gas stations that gouge consumers.
"I do not believe there is an energy emergency in this state but we will not tolerate our citizens perceiving the fact there is by exorbitant price-gouging prices," he said.
Perdue's order allows the Gov.'s Office of Consumer Affairs to seek civil sanctions against retailers who can't justify their prices based on the price they paid at the terminal for the product, adjusted for their normal markup.
Last updated: 1 September 2005
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