Since Sunday, the Louisiana Attorney General's Office has warned citizens and businesses that price gouging is illegal since a state of emergency was declared ahead of Tropical Storm Isaac.
Some consumers are complaining about significant increases in gas. We'll be checking out some of those complaints.
Those with complaints are urged to call the Louisiana Attorney General at 800-351-4889.
Look for more on this story on later editions of KPLC7News and at www.kplctv.com.
Here is the news release issued Sunday by the Louisiana Attorney General:
Price Gouging Law in Effect Following State of Emergency Declaration
BATON ROUGE -- Attorney General Buddy Caldwell reminds citizens and businesses that Louisiana price gouging laws are in effect following the state of emergency declaration from Governor Bobby Jindal as a result of conditions created by Tropical Storm Isaac.
Price gouging occurs when a seller prices merchandise much higher than is reasonable or fair. The price gouging statute prohibits the raising of prices above the pre-emergency levels unless there is a national or regional market commodity shortage. This means that sellers of gasoline and petroleum products, hotels, motels, and retailers are prohibited from raising prices during this state of emergency unless they incur a verifiable spike in the prices they have to pay as part of doing business. The price gouging laws carry both civil and criminal penalties.
This state of emergency extends from Sunday, August 26, 2012 through Tuesday, September 25, 2012, unless terminated sooner. If you suspect price gouging, please contact the Louisiana Attorney General's Office at 800-351-4889 and your local law enforcement officials.