Florida Lawmaker Hopes Bill Can Provide Relief at the Pump
Tallahassee, Florida -- A Florida state lawmaker says he has a plan to help lower gas prices across the state.
Rep. Irv Slosberg has filed a bill to repeal a 20-year-old state law that prohibits businesses from selling gas below cost.
Slosberg says Florida's Motor Fuel Marketing Practices Act is an example of price fixing from another era.
The Florida Petroleum Marketers and Convenience Store Association disagrees, however. A spokesman says the act prevents large retailers from dropping their gas prices below cost to drive small competitors out of business.
But Slosberg says today's gas prices are putting small business owners out of business. He says consumers need relief, so companies should be free to set their gas prices as they wish.
Rep. Irv Slosberg has filed a bill to repeal a 20-year-old state law that prohibits businesses from selling gas below cost.
Slosberg says Florida's Motor Fuel Marketing Practices Act is an example of price fixing from another era.
The Florida Petroleum Marketers and Convenience Store Association disagrees, however. A spokesman says the act prevents large retailers from dropping their gas prices below cost to drive small competitors out of business.
But Slosberg says today's gas prices are putting small business owners out of business. He says consumers need relief, so companies should be free to set their gas prices as they wish.