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Irate Gas Stations Protest Gouging —By Charging $10 a Gallon

Franchises angry at varying Lukoil prices

By Matt Cantor,  Newser Staff

Posted Sep 13, 2012 9:55 AM CDT

(Newser) – More than 50 Lukoil gas station owners in Pennsylvania and New Jersey are fuming over price discrepancies—so they've simply ratcheted their gas up to $9.99 a gallon. They're angry because the Russian firm sells gas to local franchises at very different prices, even if the stations are near each other. The difference can run up to 25 cents per gallon, NBC News reports. That's prompting customers to do their business elsewhere, franchise owners say.

"I feel they have been gouging us," says one. "We are not looking to get rich. I am trying to survive." Lukoil, for its part, says it's employing a "commercially reasonable practice used by gasoline marketers for many years, which is fully compliant with New Jersey statutes." But gas stations' irritation with the company has been building for years, says an advocate. The protest was to run for 24 hours.

A protest sign is seen at a Lukoil service station Wednesday, Sept. 12, 2012, in Princeton, NJ.
A protest sign is seen at a Lukoil service station Wednesday, Sept. 12, 2012, in Princeton, NJ.   (AP Photo/Mel Evans)
A sign says regular gas is $9.99 a gallon at a Lukoil service station Wednesday, Sept. 12, 2012, in Princeton, N.J., as Lukoil dealers and workers protest what they say are unfair pricing practices by Lukoil North America. More than 50 Lukoil gas stations in New Jersey and...
A sign says regular gas is $9.99 a gallon at a Lukoil service station Wednesday, Sept. 12, 2012, in Princeton, N.J., as Lukoil dealers and workers protest what they say are unfair pricing practices by...   (AP Photo/Mel Evans)
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COMMENTS
Showing 3 of 41 comments
crafter67
Sep 13, 2012 11:45 PM CDT
If the gas stations are close enough to steal each other's business then they might start looking for new suppliers or to change their business into a convenience store only
myflap.blow
Sep 13, 2012 4:53 PM CDT
I told my boss I'm doubling my pay for today. He laughed and said, You think the bigwigs upstairs will give two shits about your little stunt?
rugdoc
Sep 13, 2012 12:26 PM CDT
wait do i see the glimmer of a capitalistic free market at work here? no it was a glitch back to price fixxing  shew hade me almost proud to be an american consumer again ....
 

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