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Nashville Has Highest Gas Prices In State

Change In Price-Gouging Law May Be Difficult

POSTED: 12:51 pm CDT September 18, 2008
UPDATED: 7:15 pm CDT September 18, 2008

While gas prices are starting to level off in Tennessee, supply is still short in the state.

Related: Call 1-800-342-8385 to report gas gouging | Link: Report Gas Gouging | Video | Video | Video | Video: Interview With Consumer Affairs Dept. | Video | Video

The recent spikes in prices have some wondering whether or not the public should take a look at the state's price gouging law, but some lawmakers said changing the law might be tough.

A Tennessee Emergency Management Agency spokesman Jeremy Heidt said that 1.42 million barrels of petroleum is scheduled to be delivered over the next week.

The state currently has 477,000 barrels available.

TEMA said that should cover the demand since on average the state uses 1.4 million barrels a week.

Lawmakers have heard public complaints over the past week of suspicions of price gouging from his constituents. The state has received more than 2,500 complaints of price gouging since last Friday.

There are about a dozen investigators spread throughout Tennessee following up on the complaints.

"We have investigators in the field asking specific questions following up on complaints and letters requesting more information are going out as well following up on complaints," said Larry Harrington, who works with the state attorney general's office.

But the state is enforcing a law that some believe is not clear enough and not tough enough.

Any change in the law would have to come from the Legislature and state Rep. Stacey Campfield said that's easier said than done.

"Would I like to see a more clear law drawn? Yes, most definitely. But will it happen? I don't know if I can speak for that for sure," said Campfield.

The governor agrees the law is vague, but he doesn't see that as a bad thing.

"I actually feel like the flexibility it gives us in to make some determination in what's unreasonable and what's not in light of what the circumstances are, so I don't have a real desire to go in and try to change the law," said Gov. Phil Bredesen.

Heidt said the public is partially responsible for causing the spike in prices. Four times more people than usual filled up their gas tanks over the weekend.

He said they are cautiously optimistic that supply and demand will return to normal levels in Tennessee over the course of the next few days.

Gasoline Prices Fall In Knoxville

Gasoline prices in Knoxville are continuing to plunge after setting records over the weekend as the highest in the country.

The Knoxville News Sentinel reports the AAA Daily Fuel Gauge Report finds the average price for a gallon of regular unleaded was $4.08 late Wednesday in Knoxville. That's down from $4.30 the day before and $4.99 over the weekend.

Knoxville-based Pilot Corp., which operates a national chain of travel centers and convenience stores, dropped its price to $3.69.

The falling prices come as the state investigates possible price-gouging after hurricanes hammered the Gulf Coast disrupting fuel supplies.

AAA reports that Nashville has highest average in the state at $4.12. The national average is $3.83.


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