Gas stations sued for saving consumers money
According to the Denver Post, venues which sell gas below cost are breaking the law! [via] The $1.4 million settlement will force companies to rethink their ploy of winning customer loyalty by lowering gas prices.
This month, King Soopers and City Market (both owned by Kroger) were forced by a federal jury decision to cut out a program called Buy Groceries/Get Gas — which offered consumers modest savings on gas purchases.
Two “independent” gasoline stations in Montrose brought the suit and were awarded $1.4 million in damages. The jury found the big stores had violated Colorado’s Unfair Practices Act, illegally selling gas below cost.
Yes, King Soopers was selling gasoline too cheap. It’s illegal.
On a related note, how my readers have made the switch to a hybrid vehicle in the past year or so due to increasing gas prices? What gas guzzling or sipping machine to you utilize to get from point A to point B?
