By
Associated Press
.
Published: Fri, September 12, 2008 - 9:58 pm
Last Updated: Fri, September 12, 2008 - 11:05 pm
Mississippi Attorney General Jim Hood saysincreasing gas prices have prompted a flurry of calls to his office
from concerned motorists.
Lines have been reported at some stations around the state and
there are reports of increased prices at the pump.
Hood says most people want to know why oil prices are falling,
yet gas prices are rising.
In a news release Friday, he said there are other considerations
in determining price, such as the cost associated with refining oil
and transporting gasoline.
Still, Hood said his office is reviewing reports of possible
price gouging and is requiring merchants to justify any
questionable increases.
Hood says while many people think the price of gas cannot be
raised during a state of emergency, merchants are actually allowed
to increase their prices if they have incurred additional costs,
such as transporting fuel to their stations.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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