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Bill Banning ‘Excessive’ Gasoline Prices Passes US House

May 19, 2022, 4:20 PM

Legislation that would allow the president to bar selling gasoline at “excessive” prices passed in the US House Thursday, as Democrats seek to address record-high prices at the pump.

The bill isn’t expected to muster the Republican support needed in the Senate. Still, it gives Democrats a talking point as they return home for a two-week recess with the average price of a gallon of regular unleaded gasoline setting a new record every day for the past 10 days.

“Big oil companies are ripping off the American people,” said Representative Frank Pallone, a New Jersey Democrat. “At a ...