Archive for the Tag 'Attorney General'

Seemingly “glued-on” price digits tell the story: Gas STILL over $4 in parts of U.S.

Tonight as I step back and look at local prices, I see how high we are compared to several locales. We even sit higher on a regional level- Ohio is paying just $1.98 in areas!
 
Having set the stage, how would you feel knowing oil prices have slid if gasoline prices stayed at their record high [...]

Mr. Wholesaler, Tear Down Those High Prices!

Monday, September 15, 2008, 4:20PM:  I think we’ll look back on this weekend as the turning point for gas prices for quite a while.  On Friday and Saturday, there were price hikes to $4.09 and then $4.19, driven by fears of massive shortages due to Hurricane Ike striking Texas, and a sense that we were [...]

Diesel consumers: your price drops are here!

I think you’ll agree with me on this one- Diesel consumers have LONG awaited the price drops that gasoline has seen. Since gasoline has dropped mid-July, diesel HAS followed its drop on the wholesale market, BUT for some reason, those price drops really never made it to large chain retailers. Even as I write this, [...]

Retailers in trouble, but also colluding?

Comment on last Wednesday’s prediction: Prices jumped on Friday the 11th and again today, to a new record of $4.25, so the prediction was quite WRONG.
Tuesday, July 15, 2008, 8:45PM: If you follow my postings closely, one theme is that the retailers really aren’t making much money selling gas, taking in between 0 and 20 [...]

Lawsuit against Speedway/Super America/Marathon!?

I encourage ALL who are reading this to comment and speak up!! Leave your comments HERE
Kentucky Attorney General Greg Stumbo announced groundbreaking
litigation filed today in Franklin Circuit Court against Marathon Oil
Corporation, Marathon Petroleum Company, LLC and Speedway SuperAmerica,
LLC, charging the corporations with profiteering during the time of
emergency following Hurricanes Katrina and Rita. The companies are
alleged [...]

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