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The New York Times: NEWARK: OIL COMPANY SETTLES GOUGING SUIT

Metro Briefing
JENNIFER MEDINA (NYT)
Published: February 7, 2006
NEW JERSEY
NEWARK: OIL COMPANY SETTLES GOUGING SUIT Sunoco Inc. became the second oil company to settle a price-gouging lawsuit brought by New Jersey authorities, agreeing to pay $325,000 but acknowledging no wrongdoing.
Last September, the state sued Sunoco, Amerada Hess, Motiva Shell and several operators of independent gasoline stations, alleging they violated the State Motor Fuels Act and Consumer Fraud Act in the aftermath of Hurricane Katrina, when prices shot up for oil and gas.
In November, Amerada Hess settled, also without acknowledging wrongdoing, by agreeing to pay $372,391 to reimburse state and local governments for investigative and legal costs.
Most of the $325,000 in the Sunoco suit will also go to repay such costs, but $50,000 will go to the state's Low Income Home Energy Assistance program to help low-income residents pay their heating bills.
Motiva Enterprises is a company controlled by Shell and Saudi Refining. (AP)

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