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As price of gas goes up, Governor, Ag. Commissioner address problems created by older gasoline pumps

A number of pumps still in use do not calculate above $3.999

Frankfort – The Kentucky Retail Federation wants its members, particularly those with gas stations and others that sell motor vehicle fuels, to be aware that the dramatic increase in fuel costs have led Governor Steve Beshear to declare a state of emergency and Agricultural Commissioner Richie Farmer to issue emergency regulations.

 

Beshear and Farmer have done so in order to temporarily accommodate older gasoline pumps that will not calculate above $3.999 per gallon and allow the continued sale of fuel from those pumps.

 

Under the emergency regulations, retailers using pumps that are not capable of calculating above $3.99 per gallon must post signs listing the correct price. If the price reaches $4 or higher, consumers will have to prepay and retailers will have to calculate the cost manually.

The Governor’s emergency declaration expires August 31, 2008. According to the
Department of Agriculture’s weblog, retailers will be required to order new equipment. Operators will have 60 days from the date of equipment purchase to have it installed and functioning properly.

For more information, please contact KRF staff or log on to the Commissioner of Agriculture’s website at www.kyagr.com or by going directly to the weblog.

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The Kentucky Retail Federation is the "Voice of Retailing" throughout the Commonwealth, representing retailers of all types and sizes since 1939.

From Main Street to the mall, retailers enhance Kentucky's communities and provide a better quality of life for Kentuckians everywhere. Kentucky's retail industry employs 360 thousand Kentuckians and pays more than $6.3 billion in wages annually. Retailers collect over $2.5 billion in state sales tax and pay millions in other taxes to state and local governments.


 

Kentucky Retail Federation

512 Capitol Avenue

Frankfort, Kentucky 40601

info@kyretail.com 

(502) 875-1444 phone

(502) 875-1595 fax

  


The Voice of Retailing in Kentucky