Bloomberg Law
May 13, 2022, 9:45 AMUpdated: May 17, 2022, 10:01 PM

BGOV Bill Summary: H.R. 7688, Consumer Fuel Prices (1)

Naoreen Chowdhury
Legislative Analyst

The president could issue an emergency proclamation making it illegal to sell consumer fuel at a price that’s “unconscionably excessive” and exploitative under H.R. 7688.

The energy emergency proclamation could apply to any US jurisdiction for as long as 30 consecutive days, and could be renewed for as many 30-day periods as the president determines appropriate.

The bill would define consumer fuel to include gasoline, jet fuel, aviation gasoline, biofuel, home heating oil, and liquid propane used for residential heating or energy generation.

“Gas and oil companies should be held accountable and should not be making the situation worse ...

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