ATLANTA, Ga. (WJBF) – Georgia Governor Nathan Deal has signed an executive order to effectively freeze gas prices in place until further notice.
That means gas must go no higher than the price it was when the declaration was made – which was 9 this morning.
The exception to that is if the cost to the retailer goes up, then it can raise its prices, but only at the same markup rate as 10 days before the state of emergency was declared.
The recent shortage of fuel in the state has spurred some providers to engage in price gouging, substantially increasing prices in the area.
Governor Deal says that price gouging needs to be prevented to protect the health and welfare of residents.
Earlier, the Governor issued a state of emergency for the state of Georgia, due to the pipeline leak.