JURIST Supported by the University of Pittsburgh
Serious law. Primary sources. Global perspective.

Friday, September 02, 2005

California probing gas price gouging after Katrina; NM leaders draft profiteering ban
Chris Buell at 4:24 PM ET

[JURIST] California Attorney General Bill Lockyer [official profile] Friday opened an investigation into whether gasoline retailers in the state had participated in illegal profiteering in the wake of Hurricane Katrina [JURIST news archive]. Lockyer said his office would subpoena records from refiners and station owners and set up an e-mail address, gaspricinghotline@doj.ca.gov, where people can submit information about pricing practices. Lockyer said the state received little of its gasoline supply from those affected by Katrina, so price spikes should not affect the state as much as other regions of the country. A California law prohibits gasoline retailers from unduly raising prices by more than 10 percent during government-declared emergencies. Read a news release from Lockyer's office. In New Mexico, Gov. Bill Richardson [official profile] and Attorney General Patricia Madrid [official profile] said they were drafting legislation [New Mexico Business Weekly report] to investigate and punish gas retailers that engage in illegal profiteering after natural disasters. Read a joint news release from their offices. A ban on price gouging already exists in Louisiana under section 732 [text] of the Louisiana Homeland Security and Emergency Assistance and Disaster Act 1993. In an effort to fight rising gas prices across the country, the US has tapped into its reserves [Los Angeles Times report] and received pledges from the International Energy Agency for additional supplies. AP has more.

Link |  | print | subscribe | RSS feeds | latest newscast | Facebook page

For more legal news check the Paper Chase Archive...


 Thailand king endorses interim constitution
11:21 PM ET, July 23

 Supreme Court allows execution of Arizona prisoner
6:14 PM ET, July 23

 UK to introduce laws to eradicate female genital mutilation
9:43 AM ET, July 23

 click for more...

Get JURIST legal news delivered daily to your e-mail!


Unprecedented Notice of Warrantless Wiretapping in a Closed Case
Ramzi Kassem
CUNY School of Law


Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.


Paper Chase welcomes comments, tips and URLs from readers. E-mail us at JURIST@jurist.org