So far, Hurricane Harvey and subsequent storms, rains, and floods wreaked multi-million dollar damages around the state of Texas. Price gouging is a major side effect of this natural calamity that adds pressure to the victims of this crisis. One of the main outcomes is empty gas stations in certain areas starting with Thursday. Therefore, locals are trying to fill in their gas tanks to accommodate their travel needs before the state runs out of resources.
Texas Attorney General Advised People to Report any Price Gouging Surpassing $4 at Gas Stations
Starting with Thursday, gas stations began charging customers for even $3.97 a gallon. On top of that, Dallas had to close several such facilities wrapping yellow bags around pumps. To mitigate this shortage, one of the largest convenience store chains in the U.S. is applying drastic measures.
QuikTrip decided to stop gasoline sales across half of its 135 stores in the area of Dallas-Fort Worth. The remaining supplies will be redirected towards crucial areas across the metro region. QuikTrip spokesman Mike Thornbrugh claimed that supply is extremely low these days.
At the same time, Texas attorney general urged people that they should inform his office of any gas price that surpasses $4. On Thursday, a spokeswoman for this agency announced 202 such reports. According to the law of Texas, any business that surges prices in times of crisis is liable for heavy fines of at least $200,000 per crime.
Businesses Claimed Customers Are Refilling Their Gas Tanks More than They Need
Several station managers claimed that most customers filled up their gas tanks even though they weren’t in need of fuel at the moment. However, hoarding can inflict negative impact on the already weakened economy. If people don’t stop collecting more resources than they could need, the prices are bound to go higher, and there would be more cases of shortages.
Officials are having great issues transporting gasoline to service stations. Hurricane Harvey shut down more than eight Texas refineries on which the entire nation relies. Therefore, prices surged nationwide with up to $2.45 per gallon.
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