Bill > S3920

This bill, the Gas Price Gouging Prevention Act, aims to protect consumers from price-gouging of gasoline and other fuels during periods of international crises affecting oil markets. It makes it unlawful for any person to sell gasoline or other petroleum distillates at a price that is "unconscionably excessive" and indicates the seller is taking unfair advantage of the circumstances. The President can issue a proclamation of an international crisis affecting the oil markets and designate areas where the price gouging prohibition applies. The Federal Trade Commission is responsible for enforcing the Act, with civil and criminal penalties for violations. State Attorneys General are also empowered to bring civil actions to enforce the Act's provisions at the retail level. The bill does not preempt any state laws and preserves the FTC's existing authority under other laws.

Transportation and Infrastructure

https://www.congress.gov/bill/117th-congress/senate-bill/3920/all-info