Anti-Price Gouging Act Effective in 4 Oklahoma Counties
Oklahoma Attorney General Mike Hunter enacted the Emergency Price Stabilization Act in Mayes, Rogers, Tulsa and Wagoner counties after Gov. Mary Fallin declared a state of emergency following a tornado outbreak on the weekend of Aug. 4 and 5.
The price gouging statute prohibits an increase of more than 10 percent for the price of goods and services after a declared state of emergency.
Mid-town Tulsa was hit particularly hard early on Aug. 5 when an EF-2 tornado severely damaged more than 150 businesses and 25 homes. At least three other twisters were recorded that day; EF1 tornadoes struck in Broken Arrow; near Oologah, about 20 miles northeast of Tulsa; and near Chelsea, 40 miles northeast of Tulsa.
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