How Can Consumers Report Cases Of Price Gouging During Emergencies Law4u Shown here: passed house (05 19 2022) consumer fuel price gouging prevention act this bill prohibits any person from selling, during a proclaimed energy emergency, a consumer fuel at a price that (1) is unconscionably excessive, and (2) indicates that the seller is exploiting the emergency to increase prices unreasonably. The consumer fuel price gouging prevention act is meant to help alleviate rising gas prices; the national average gas price reached $4.45 per gallon last week — a record high for the us.
How Can Consumers Report Cases Of Price Gouging During Emergencies Law4u The consumer fuel price gouging prevention act was approved along party lines in a vote of 217 207, with four democrats joined all republicans in opposition. The focus on price gouging comes as gas prices hit an average of $4.59 per gallon thursday — 49 cents a gallon higher than a month ago and $1.55 higher than a year ago, according to aaa. Oil companies’ price gouging and market manipulation has led to record high fuel prices, which is contributing to soaring prices on all consumer goods. americans have had enough. • due to oil company profiteering, the average price of gasoline reached a new record high on may 10, hitting $4.37 per gallon for regular gas. H.r. 7688 (117. th. ): consumer fuel price gouging prevention act. the summary below was written by the congressional research service, which is a nonpartisan division of the library of congress, and was published on jul 11, 2022. consumer fuel price gouging prevention act this bill prohibits any person from selling, during a proclaimed energy.
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