NEWARK
— BP Products North America, Inc.
has entered into a settlement with the
Attorney General’s Office regarding
the company’s adherence to state
laws and regulations, among other things
regarding the pricing of gasoline, Attorney
General Peter C. Harvey and Consumer Affairs
Director Kimberly Ricketts announced.
The parties entered into this agreement
without an admission of any violation
having occurred.
"New
Jersey consumers work hard for their money
and this settlement ensures that they
get their money's worth at the pump,"
Governor Codey said. "This settlement
was a direct result of BP Products coming
to the table to do the right thing."
"Our
goal is always to make sure that New Jersey
consumers get what they pay for,"
said Attorney General Harvey. "Gasoline
is essential to our lives and it must
be priced consistent with the law."
BP
Products has agreed to pay $315,000. A
portion of these funds will be used to
further current and future consumer initiatives.
BP Products entered into the settlement
on behalf of its twenty-one company owned
and operated and sixty-four commissioned
agent service stations in the State. Deputy
Attorney General Lorraine K. Rak, Chief
of the Consumer Fraud Prosecution Section,
represented the State in the settlement
with BP Products.
The
settlement arises from the service station
inspections conducted by the State Office
of Weights and Measures, as well as county
and municipal inspectors, on or about
the Labor Day weekend. BP Products voluntarily
and fully cooperated with the State’s
investigation.
"By
voluntarily coming to the table to address
our concerns, BP has set a new standard
for corporate responsibility, said Kimberly
Ricketts, Consumer Affairs Director. "As
a role model in the industry, BP Products
showed good corporate citizenship by reaching
this settlement with our Office."
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