Overview
- Delaware records show Randy Brown and Yoni Gontownik signed the certificate of formation for Freedom Fuel Network LLC on June 23, naming them as backers of the venture.
- The Freedom Fuel brand opened about 25 stations in Pennsylvania and New Jersey in early July and initially advertised gasoline for as low as $3.47 per gallon.
- The White House promoted the rollout and President Trump publicly praised the retailer while officials maintained the company is privately run and said no federal funds were provided.
- Reporting also ties a third New Jersey businessman, Shamikh Kazmi, to the effort and notes the company used the Corporation Trust Center address in Wilmington to file incorporation and trademark paperwork.
- Industry analysts and local observers say the advertised prices look unlikely to be sustainable without subsidy, several stations have already raised prices, and the disclosures leave financing and supplier details opaque which could invite further oversight.