Cash or Credit: Are You Being Gouged at the Pump?

Lawmakers fighting back against increased differences in cash and credit prices at Long Island gas stations.

State Sen. Lee Zeldin announced Wednesday that he will introduce legislation requiring gas stations to clearly display the difference in cash and credit prices at the pump. 

Patch last week that some Long Island gas stations are now charging a $1 more for customers who pay with plastic.

“I am concerned that some gas stations on Long Island are getting away with charging consumers as much as $1 per gallon more for credit card than with cash," said Zeldin, R-Shirley, chairman of the Senate Consumer Protection Committee. "Moreover, the deceptive advertising that is happening is outrageous and has to stop."

Zeldin's legislation would require gas stations to post both the cash and credit price prominently on the street level display sign. The new law would only apply to gas stations that charge more than a 10 cent difference between the cash and credit prices. Gas and service stations would face stiff penalties for not bringing their advertizing practices into compliance. 

“Requiring gas stations to post the markup they are charging will protect consumers as they shop around for the best price,” Zeldin said.

State Sen. Ken LaValle, R-Port Jefferson, has that he will introduce legislation that would require the same gas prices for credit or cash.

What's your take? Do you feel local gas stations are gouging you at the pump? Vote in the poll below and share your thoughts in the comments section.

Forever Holtsville March 15, 2012 at 06:53 PM
I know I pay the same for Gas, cash or credit. I find it humorous that the huge charges for credit are touted as the "normal" price, and the cash price is "discounted". Tired of the lies, really tired of them.
Mary A. Brown March 15, 2012 at 09:21 PM
Why are only gas stations allowed to charge more if you use a credit card - why not where ever we shop - even for groceries. I think I missed something when this started with gas stations - I know it has been going on for a long time now. Driving back and forth to Floirda recently, NY seemed to be the only state allowing gas stations to "gouge" us with their two prices. If we continue to allow this - it will have to be an "all cash" world again - no credcit cards. Think politicans are minding the pump??
Fugu Maki March 16, 2012 at 03:17 AM
It is illegal to charge a higher price for credit purchases, but it is not against federal law to give a discount for paying cash. That being said, since higher charge fees paid by merchants are between 4-5% charging a dollar more per gallon IS price gouging.
Melanie Moy Apostolico March 16, 2012 at 11:19 AM
If cash is the' discounted' price then stations should be required to post the 'regular' price, not allowed to post the 'discounted' price.


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