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HILL ENERGY BRIEFING: ‘Excessive’ Gas Price Ban Heads to House

May 13, 2022, 10:05 AM

Congress will vote next week on legislation barring “excessive” or “exploitative” fuel prices.

The measure, which is unlikely to garner the Republican support needed to become law, would prohibit price increases during national energy emergencies declared by the president. “Price gouging needs to be stopped,” Speaker Nancy Pelosi (D-Calif.) said Thursday after announcing the bill. “This is a major exploitation of the consumer.”

The House Rules Committee is set to meet Monday to weigh the measure. It marks the latest attempt by Democrats to tame sky-high energy costs before facing inflation-weary votes at the polls this November. Retail gasoline prices ...

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