Oil company challenges Wisconsin's minimum gas markup law

The Associated Press

An oil company has filed a lawsuit challenging Wisconsin's minimum markup law on gasoline.

MADISON, Wis. (AP) — An oil company has filed a lawsuit challenging Wisconsin's minimum markup law on gasoline.

Krist Oil Company filed the lawsuit Monday in Vilas County Circuit Court. The company alleges the law violates businesses' right to operate free of anti-competitive and arbitrary government regulation and amounts to a hidden tax on consumers.

The law was passed during the Great Depression to prevent large sellers from undercutting smaller ones. It requires gasoline retailers to charge 6 percent over cost or 9.18 percent over the average wholesale cost, whichever is greater.

A federal judge in 2009 froze enforcement of the statute in a separate lawsuit but a federal appeals court ruled the next year that the state could enforce the statute.

A state Justice Department spokesman says the agency is reviewing the lawsuit.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013