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A Ban On Excessive Gasoline Prices Heading To Congress For Vote

From oilprice.com

A piece of legislation that would ban excessive gasoline prices is headed for a vote in Congress next week, House Speaker Nancy Pelosi said on Thursday afternoon. The bill, known as the Price Gouging Prevention Act of 2022 and introduced by Democrat senators Tammy Baldwin, Elizabeth Warren, and Democrat Representative Jan Schakowsky, comes in response to what Pelosi calls “a major exploitation” of gasoline consumers. High gasoline prices continue to plague the current administration due to a well-known history of high gasoline prices dogging incumbents in the United States. So far, the United States has pleaded with ... (full story)

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