NJ settles Irene-related gas price gouging claim
BRANCHVILLE, N.J. (AP) — State consumer affairs officials have reached a settlement with a northwestern New Jersey gas station that was accused of price gouging during the state of emergency imposed last summer when Tropical Storm Irene hit the state.
The deal announced Wednesday by the state Attorney General's office calls for Thakur Gas LLC, which operates a Lukoil station on Route 206 in Branchville, to pay $20,000 to the state to settle the claims. An additional $30,000 penalty will be suspended, but can be imposed if it violates the state's Consumer Fraud Act or the terms of the settlement during the next three years.
The state had sued the firm in December, following an investigation that resulted from complaints filed by the gas stations' customers about alleged price increases immediately following the storm.