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Lukoil dealers in NJ, Pa. jack up prices in protest

Published On: Sep 12 2012 11:26:34 AM EDT   Updated On: Sep 12 2012 11:27:12 AM EDT
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More than 50 Lukoil gas stations in New Jersey and Pennsylvania are jacking up prices to more than $8 a gallon to protest what they say are unfair pricing practices by Lukoil North America.

Sal Risalvato of the New Jersey Gasoline, Convenience, Automotive Association said Wednesday's protest is aimed at getting Lukoil to respond to the grievances of the dealers.

He said Lukoil engages in various practices that force its franchisees to pay higher prices for their fuel than their competitors.


The New York offices of Lukoil North America said a spokesman isn't available for comment.

Lukoil is Russia's second-largest oil producer. The first Lukoil-branded service stations in the U.S. opened in 2003, and today the company has more than 500 Lukoil-branded stations in the Northeast and Mid-Atlantic.