Jon Cecero(SIS-ARO) has more from Jefferson City.
Missouri Department of Natural Resources Spokesman Kerry Cordray said there is a likelihood that the price increases seen in Missouri during the last week would likely be short-lived, because of falling crude oil prices and the likely quick return in fuel supplies from the Gulf.
Cordray said prices usually rise because of price gouging after a natural disaster but there are other reasons for localized price increases.
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|Description: "There are some instances of...past events that would certainly raise the concern."|
Attorney General Jay Nixon was directed by the governor to head an investigation to put a stop to possible price hiking from gasoline suppliers.
Cordray also said he expects gas prices to go up because of trends after natural disasters.
Reporting from the State Capitol I'm Jon Cecero
Jon Cecero (SIS-ARO) has more from Jefferson City.
The MPCA director said there is nothing questionable going on at Missouri's gas pumps.
Director Leone said he would be more than happy to cooperate with the investigation of gasoline suppliers.
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|Description: "While we vehemently deny that there is any price gouging going on at the retail fuel level......"|
Leone also said that any time a natural disaster occurs prices are sure to rise and price gouging is never a factor.
Reporting from the State Capitol I'm Jon Cecero.