Business & Tech

Post-Sandy Crackdown Continues on Price-Gouging at the Pump

The New York state Attorney General continues to go after gas stations where prices jumped after Hurricane Sandy hit, including several in Westchester County.

New York state Attorney General Eric Schneiderman has reached a settlement with several gasoline retailers and wholesalers in the lower Hudson Valley over price-gouging accusations after Hurricane Sandy.

"CPD Energy Corp. (“CPD”), based in New Paltz, has agreed to pay $50,000 in penalties for charging unconscionably excessive prices at six stations that it owns in Westchester, Putnam and Ulster counties," the AG's press release said.

A Mobil Gas station in Katonah was one of 25 stations investigated by the AG's office for violations of the New York State Price Gouging statute right after Hurricane Sandy.

The highest price jump was 58 percent. Here are some of the most recent companies:

The following stations are covered by the CPD settlement:

(All prices below are for regular unleaded gasoline.)

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Chestnut Mart (Mobil), 174 Westchester Avenue, White Plains, NY                                            

  • Price before the storm:  $4.33
  • Maximum price after the storm:  $5.03
  • Increase in price before-and-after the storm: $0.70

Hutchinson Parkway Station (Mobil), Hutchinson River Parkway, White Plains, NY

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  • Price before the storm:  $4.25
  • Maximum price after the storm: $4.85
  • Increase in price before-and-after the storm: $0.60

Yorktown Food Mart Inc. (Mobil), 2035 Saw Mill River Road, Yorktown Heights, NY

  • Price before the storm: $4.13
  • Maximum price after the storm:  $4.67
  • Increase in price before-and-after the storm: $0.54

Chestnut Mart Inc. (Mobil), 838 Kimball Avenue, Yonkers, NY

  • Price before the storm:  $4.06
  • Maximum price after the storm:  $4.58
  • Increase in price before-and-after the storm:  $0.52

Friendly Service New Paltz (Mobil), 409 Main Street, New Paltz, NY

  • Price before the storm:  $4.00
  • Maximum price after the storm: 4.47
  • Increase in price before-and-after the storm:  $0.47  

Chestnut Mart Inc. (Mobil), 3081 Route 22, Patterson, NY

  • Price before the storm:  $3.95
  • Maximum price after the storm:  $4.37
  • Increase in price before-and-after the storm:  $0.42
Settlements were also reached with the following retail service stations:

(All prices below are for regular unleaded gasoline. The spread is the difference between the wholesale price paid by the operator and the price charged at the pump.)

Katonah Gas & Auto Service, Inc. (Mobil), 80 Bedford Road, Katonah, NY

  • Difference between wholesale price and retail price prior to storm: $1.26
  • Difference between wholesale price and retail price immediately following storm: $1.61
  • Increase in wholesale/retail spread before-and-after the storm: 27%
  • Retail price immediately following the storm: $4.79

Mamaroneck Service, Inc. (Mobil), 1237 Mamaroneck Avenue, White Plains, NY

  • Difference between wholesale price and retail price prior to storm: $0.93
  • Difference between wholesale price and retail price immediately following storm: $1.17
  • Increase in wholesale/retail spread before-and-after the storm: 33%
  • Retail price immediately following the storm: $4.29

A&Z Service Center (Citgo), 364 New Hempstead Road, New City, NY

  • Difference between wholesale price and retail price prior to storm: $0.85
  • Difference between wholesale price and retail price immediately following storm: $1.35
  • Increase in wholesale/retail spread before-and-after the storm: 58%
  • Retail price immediately following the storm: $4.39

They join these stations with which settlements were reached in May:

Sunoco of RBJ Service Station, 500 Halstead Avenue, Harrison, NY

  • Difference between wholesale price and retail price prior to storm: $1.35
  • Difference between wholesale price and retail price immediately following storm: $1.91
  • Increase in wholesale/retail spread before-and-after the storm: 37%
  • Retail price immediately following the storm: $4.79

Shell of DJ's Auto Delicious, Inc., 905 North Broadway, North White Plains, NY

  • Difference between wholesale price and retail price prior to storm: $1.13
  • Difference between wholesale price and retail price immediately following storm: $1.52
  • Increase in wholesale/retail spread before-and-after the storm: 35%
  • Retail price immediately following the storm: $4.39

A&S Texaco, Inc., 1061 Nepperhan Avenue, Yonkers, NY

  • Difference between wholesale price and retail price prior to storm: $1.36
  • Difference between wholesale price and retail price immediately following storm: $1.82
  • Increase in wholesale/retail spread before-and-after the storm: 34%
  • Retail price immediately following the storm: $4.59
Shell/JB Auto Center Limited, 1069 Yonkers Avenue, Yonkers, NY 10704
  • Difference between wholesale price and retail price prior to storm: $1.11
  • Difference between wholesale price and retail price immediately following storm: $1.55
  • Increase in wholesale/retail spread before-and-after the storm: 40%
  • Retail price immediately following the storm: $4.48

Shell/City Limits, 143 Bronx River Road, Yonkers, NY 10704

  • Difference between wholesale price and retail price prior to storm: $1.07
  • Difference between wholesale price and retail price immediately following storm: $1.53
  • Increase in wholesale/retail spread before-and-after the storm: 43%
  • Retail price immediately following the storm: $4.47


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