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State Attorney General Letitia James has issued a warning to New Yorkers about potential price gouging at the gas pumps.
James says now that President Biden has put a ban on Russian oil imports in place, stations may raise fuel prices even more. Under state law, fuel sellers aren't allowed to charge excessive prices during a period of abnormal market disruption such as a global conflict. Right now, the average cost for a gallon of gas in the Capital Region is $ 4.40 a gallon which is up 58 cents in just the past week. The New York average is $ 4.37 per gallon.