2:35pm

Fri May 13, 2011
Statehouse News

Conway Says Marathon Oil Price Gouging

  • An error occurred ingesting this audio file to NPR

Kentucky Attorney General Jack Conway is accusing Marathon Petroleum Company of price gouging during a state of emergency.  The legal brief has been added to an ongoing lawsuit against Marathon for alleged price gouging during Hurricanes Katrina and Rita.

In a motion filed in Franklin Circuit Court, Attorney General Jack Conway alleges Marathon Petroleum illegally raised the prices of gasoline during a time of emergency.  Spokesperson Allison Martin says Conway believes Marathon has illegally raised gas prices since Gov. Beshear declared a state of emergency on April 26th. 

“People cannot raise the price of staples – goods like gasoline, hotel rooms, construction supplies, anything like that – during an emergency unless there has been a rise in costs to the supplier," said Martin.

Martin says Marathon’s recent price increases were unsupported by any cost increases.  There was no immediate response from Marathon to the legal action, but a hearing is set for Monday morning in Franklin Circuit Court.