Oklahoma Emergency Price Stabilization Act is in Effect for all 77 Oklahoma Counties

Posted on: 3:34 pm, December 5, 2013, by

This was taken yesterday at the Wal-Mart in Enid around 2:30 pm. Customers were out in force stocking up on basics like bread.

This was taken yesterday at the Wal-Mart in Enid around 2:30 pm. Customers were out in force stocking up on basics like bread.

OKLAHOMA CITY – Oklahoma’s Emergency Price Stabilization Act is now in effect for 77 Oklahoma counties after Gov. Mary Fallin declared a state of emergency due to the winter weather that started Thursday morning.

All 77 counties are included in the declaration.

Attorney General Scott Pruitt said Oklahoma’s price gouging statute prohibits an increase of more than 10 percent in the price of most goods and services when a state of emergency has been declared.

As the ice and snow storms move across Oklahoma, they can leave a trail of devastation across the state, damaging personal and business property that will need to be repaired or replaced. While the overwhelming majority of Oklahomans are focused on helping their neighbors in the aftermath, we have seen a few cases of price gouging and fraudulent claims in the past, so consumers need to be alert,” Pruitt said.

The price gouging statute was adopted following the May 1999 tornadoes that caused significant damage across a large portion of Oklahoma.

This statute is meant to protect Oklahomans during some of their most vulnerable times,” Pruitt said. “Our hope is that knowledge of the law will prevent artificial price increases and remind anyone considering such action that they may face criminal or civil action.”