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Prices Plunge At Highlands Gas Stations After Price Gouging Accusations

HIGHLANDS, N.Y. – Prices at two gas stations in Highlands are falling back closer to the local average one week after Assemblyman James Skoufis accused them of potential price gouging, according to the Times Herald-Record

Gas prices are coming down in Highlands amid allegations of price gouging.

Gas prices are coming down in Highlands amid allegations of price gouging.

Photo Credit: Brian Donnelly

The stations in Highland Falls and in Fort Montgomery were both charging as much as $3.15 per gallon last week when Skoufis contacted the State Attorney General on the matter. This week both stations owned by  Chestnut Petroleum Distributors, Inc. were charging below $3 for cash transactions, the Record reported. 

Hurricanes Irma and Harvey gas prices have spiked in the region. The average price for gas counties north of Westchester and Rockland is $2.75 per gallon. Prior to the devastating hurricanes, prices were below $2.40, according to the New York State Energy and Research Development Authority. 

Because of the sudden spike in prices, Sen. Chuck Schumer is calling on federal officials to institute a ‘gouge watch’ effort.

“In terms of this nation’s supply and demand for gasoline, Hurricanes Harvey and Irma were short-term disruptions that really shouldn’t have a long-term impact on prices at the pump,” Charles Schumer said in a statement. “Gas prices should come back down to earth just as fast as they went up, but right now, my worry is they will not fall as fast as they should. That is why I am asking the FTC to launch a ‘gouge watch’ with oil producers, transporters and refiners alike.”

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