Gas shortages on the East Coast have resulted in long queues and panic buying. One company appears to have taken advantage of the situation by jacking up prices for some of its customers, according to reports.
A PO Box in Richmond, Va., Was charging customers $ 6.99 a gallon, the WRIC reported on Wednesday. According to the photos of the gas station posted on Twitter, the price was only indicated at the pump and not advertised on the sign.
Although prices have risen due to gasoline shortages, $ 6.99 per gallon is a sky-high increase.
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The average price of regular gasoline in the Richmond-Petersburg area on Friday was $ 2.938 per gallon, up slightly from Thursday’s average price of $ 2.914 per gallon, according to AAA data.
Statewide, the average price of regular gas is $ 2.933, according to AAA.
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An employee at the Richmond gas station told WRIC the owner said there was no more gasoline. However, the station reported that people are still refueling their cars.
Other employees told WRIC they didn’t know what was going on.
FOX Business was unable to reach the gas station by phone.
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Virginia put predatory pricing laws into effect after Gov. Ralph Northam declared a state of emergency on Tuesday, according to the WRIC.
Attorney General Mark Herring told the WRIC that the alleged gas station price scam would be investigated.
“We will investigate and if there is a price increase, we will not hesitate to make sure our laws are enforced,” Herring said.