- Associated Press - Thursday, February 18, 2016

JUNEAU, Alaska (AP) - A price drop that lowered Fred Meyer’s gas prices to less than $2 a gallon at the Oregon-based department store’s Juneau store only was caused by a mistake and prices will gradually go back up, a company spokeswoman said.

Melinda Merrill told the Juneau Empire (https://bit.ly/1R8Xi5k) that the overnight drop from $2.92 to $1.91 between Monday and Tuesday was due to an error made by corporate staff.

“That huge price drop yesterday was a mistake,” she said.

Merrill said the price drop was the result of a typo. The price should have been reduced by only one cent, from $2.92 to $2.91.

“That is obviously a very low price that we can’t maintain,” she said. “It was a dumb, bad mistake, and it happened at a bad time given the time and all the conversation about fuel prices.”

Residents can still take advantage of lower gas prices, as the company gradually restores its gas to the intended price. On Wednesday, prices were $2.11 a gallon. Merrill told The Associated Press the price would likely be the same on Thursday.

Fred Meyer does not have a fixed timeline for restoring gas prices to normal, Merrill said.

___

Information from: Juneau (Alaska) Empire, https://www.juneauempire.com


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