"Price gouging is unfair and illegal and my office is determined to make sure it doesn't happen in our state," said Attorney General Letitia James.New York Attorney General Letitia James is launching a formal investigation on Thursday to determine whether the fossil fuel industry has engaged in gas price gouging, according to multiple news reports.to be the first of its kind in the U.S.
The probe won praise from climate organizer and Fossil Free Media director Jamie Henn, who tweeted,"These moves to hold Big Oil accountable add momentum to the growing push for a Big Oil Windfall Profits Tax." "Soaring gas prices are forcing working New Yorkers and low-income families to make difficult decisions on whether to pay bills or put food on the table," James