Gas Price Gouging

The state has settled its battle with a northwest Florida oil distributor accused of fixing gasoline prices.

Florida Attorney General Charlie Crist reached a settlement with the former owner of Tate Enterprises this week.

Robert Tate must pay 100-thousand dollars in civil fines, the maximum amount law allows against an individual, 40-thousand in legal costs and he must not engage is the same activity anywhere in Florida.

Crist's office sued Tate in May after uncovering evidence of gas price gouging during Hurricane Dennis in July 2005.

Investigators say Tate coerced gas station owners to match his company-owned stations prices, before wholesaling fuel supplies to them.

Two other people, including the buyer of Tate's station already settled their case.

8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
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