Fuels

Bizarre Theft Gives 'Buyer's Market' a Whole New Meaning

County investigating how station owner was duped into allowing "buyer" to sell gas, goods

WACONIA, Minn. -- On May 18, a Waconia, Minn., SuperAmerica station sold gasoline for $3.85 a gallon, and everything inside the store was half off, according to a report by KSTP-TV. But, the owner didn't know anything about the sale.

The owner told the news outlet that he was selling the store to prospective buyers who were running the gas station. But, according to the story told by the owner, their down payment did not clear the bank and the next thing he knew, they had sold his gasoline at cut-rate prices, sold nearly everything in the store at half price, pocketed nearly $50,000 and then took off.

Carver County investigators confirmed for KSTP that they are looking into the possible theft, and they said part of the investigation includes the gasoline prices. They said it is illegal, under state law, to set gasoline prices too low because it is a regulated industry.

The Super America is open again, said the report, and the owner is doing a grand re-opening sale for his customers, giving them a five-cents-per-gallon discount, and if they have a rewards card, they get an additional three-cents a gallon off the marked price.

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