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News > Economy
Gas prices stable
September 13, 2001: 9:22 p.m. ET

Fears of price gouging unfounded, says AAA
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ORLANDO, Fla. (CNNfn) - Gas prices nationwide have risen only eight-tenths of a cent since the terrorist attacks in Washington, New York and Pennsylvania Tuesday, according to the American Automobile Association.

The finding should calm fears of nationwide price gouging -- and isolated reports of individual gas stations hiking prices to $5 per gallon -- which surfaced immediately after the attacks Tuesday morning.

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"This barely perceptible rise to $1.541 per gallon indicates motorists and nearly all gasoline stations have reacted calmly and responsibly with regard to fuel consumption and pricing," said AAA Vice President Susan Pikrallidas.

The reports Tuesday of price gouging drew the condemnation of several public officials. The Department of Energy set up a telephone hotline to report instances of rapid price hikes, but there were very few responses. graphic





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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.