Consumer Fuel Price Gouging Prevention Act
This bill prohibits any person from selling, during a proclaimed energy emergency, a consumer fuel at a price that (1) is unconscionably excessive, and (2) indicates that the seller is exploiting the emergency to increase prices unreasonably. The President may issue a proclamation of such an emergency that specifies the consumer fuel and geographic area covered and how long the proclamation applies.
The bill provides for enforcement of these provisions by the Federal Trade Commission and state attorneys general. Civil penalties collected by the commission through such enforcement must be used to provide assistance under the Low Income Home Energy Assistance Program.
Additionally, the commission must investigate whether the price of gasoline is being manipulated through reducing refinery capacity or other manipulative practices. The commission also must establish a Transportation Fuel Monitoring and Enforcement Unit to collect, monitor, and analyze crude oil and transportation fuel market data.
The bill further includes specified transportation fuels within the prohibitions against (1) manipulative market practices, and (2) reporting false price information. It also increases the penalty for violations of those prohibitions.
Finally, the Energy Information Administration must survey energy companies to facilitate transparent and competitive crude oil and transportation fuel markets.
Consumer Fuel Price Gouging Prevention Act
This bill prohibits any person from selling, during a proclaimed energy emergency, a consumer fuel at a price that (1) is unconscionably excessive, and (2) indicates that the seller is exploiting the emergency to increase prices unreasonably. The President may issue a proclamation of such an emergency that specifies the consumer fuel and geographic area covered and how long the proclamation applies.
The bill provides for enforcement of these provisions by the Federal Trade Commission and state attorneys general. Civil penalties collected by the commission through such enforcement must be used to provide assistance under the Low Income Home Energy Assistance Program.
CR H5179-5195; text: CR H5179-5181)
350, H.R. 7688 and H.R. 7790. Provides for one of hour of general debate and one motion to recommit for each bill. Resolution also provides for en bloc suspension authority.
Res. 1124, the House proceeded with 10 minutes of debate on the Demings amendment No. 1
Res. 1124, the House proceeded with 10 minutes of debate on the Pappas amendment No. 2.
Westerman moved to recommit to the Committee on Energy and Commerce. (text: CR H5193)
201 - 220 (Roll no. 231).
On passage Passed by the Yeas and Nays: 217 - 207 (Roll no. 232).
217 - 207 (Roll no. 232).
Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (Legislative Day 5/17/2022).
Placed on Senate Legislative Calendar under General Orders. Calendar No. 373.
Res. 1124 Reported to House. Rule provides for consideration of H.R. 350, H.R. 7688 and H.R. 7790. Provides for one of hour of general debate and one motion to recommit for each bill. Resolution also provides for en bloc suspension authority.