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  • Midwest Oil fined for selling gas too cheaply

    02/24/2006 9:23:20 AM PST · by george76 · 72 replies · 3,852+ views
    Star Tribune ^ | February 24, 2006 | Tom Ford,
    The state imposed a $140,000 penalty for what it called "willful, continuing, and egregious" violations of the price law... The Minnesota Commerce Department on Thursday announced plans to fine a gas station chain $140,000 for repeatedly selling gas below the state's legal minimum price. The fine against Midwest Oil of Minnesota is twice as large as any imposed on a company since 2001, when the state established a formula based on wholesale prices, fees and taxes to determine a daily floor for gas prices. Kevin Murphy, deputy commissioner of the department, called the violations "willful, continuing, and egregious and warrant...