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ALBANY – As gas prices continue to rise, New York’s Attorney General is warning about the rise in price gouging.
Attorney Letitia James issued a statement Tuesday warning oil companies and gas stations that price gouging is illegal and reminded New Yorkers to be on alert.
She says Russia is one of the world’s largest producers of energy, and as a result of these sanctions, New Yorkers should prepare for continued market disruptions, potentially inflated prices at the pump, and ensure that they know their rights.
New York law prohibits sellers of fuel and other vital and necessary goods from charging unconscionably excessive prices during an abnormal market disruption, including disruptions caused by world conflicts.
Consumers who experience dramatic increases in the price of gasoline or fuel are asked report these incidents to the AG.
When reporting price gouging to her office, consumers should:
- Report the specific increased prices, the dates, and places that they saw the increased prices, and the types of fuel being sold;
- Provide copies of their sales receipts and photos of the advertised prices, if available; and
- Buy only as much fuel as they need and not to stock up out of fear of a potential future shortage.
A form to do so is posted online at ag.ny.gov.
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