price gouging

A Frankfort judge, in a price gouging case against Marathon Petroleum, has refused to force the oil company to roll back gas prices in Kentucky.   The ruling comes in a case originally filed several years ago, in which the oil company was accused of price gouging following disasters.

In Frankfort, two economic experts battled it out in a day long hearing in Kentucky's gas price gouging case against Marathon Petroleum.  The state is accusing Marathon of illegally jacking up gasoline prices during a state of emergency declared on April 26th and still in effect.  The company denies any wrongdoing.

Nothing was resolved at a Frankfort hearing in Kentucky's price gouging case against Marathon Oil.  Franklin Circuit Judge Thomas Wingate is in the middle of a murder trial, and rescheduled the Marathon case for Thursday morning.