§2-302 does not even contain a definition or a standard to determine whether the terms of a contract are in fact unconscionable.[4] In attempting to provide a workable standard, paragraph (3) of the FPGPA looks to whether the amount charged: (i) grossly exceeds the average price at which the gasoline was offered for sale during the 30 days prior to such proclamation; (ii) grossly exceeds the price at which gasoline was readily obtainable in the same area from other competing sellers… [read post]