HARTFORD, Conn. (AP) – The state subpoenaed records Tuesday from Cumberland Farms Inc. after receiving complaints from motorists that gas prices recently spiked as much as 48-cents-per-gallon at outlets.
At Gov. M. Jodi Rell’s request, the Department of Consumer Protection also was preparing subpoenas for Citgo, Valero, Getty and Lukoil retailers.
“I have made it clear that I will move aggressively to investigate allegations of price gouging at all levels,” Rell said in a written statement.
Cumberland Farms said the convenience store chain buys gasoline on the spot wholesale market and is affected by price fluctuations caused by hurricanes and other events.
“We are not big oil,” the company said in a statement.
“The wholesale price at which we purchased gasoline was higher than what we passed through at retail to the consumer.” the company said.
Cumberland Farms said it will fully cooperate with Rell’s request and provide the documents to state officials.
Motorists have reported spikes ranging from a few cents-per-gallon to 48 cents at Cumberland Farms.
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