Senator Schumer in Newburgh to discuss gas price gouging
Senator Charles Schumer (D-NY) was in Newburgh Friday to continue his crackdown on gas price gouging. Schumer is pushing a bill that would impose a 50 percent tax on oil companies that are making surpluses off recent disasters that sent gas prices soaring. Schumer's office surveyed gas stations around New York with average prices as high as $2.99 a gallon, which is a 44 percent increase from last year. Schumer says he suspects some of that increase is from price gouging. Schumer introduced his bill to the Senate Finance Committee on October 3, and expects his bill to receive bipartisan support.