3.0.0 2944 2023-01-13T04:47:55Z 2023-01-13T04:47:55Z House H HR 2005-06-16 109 hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2005-07-01T15:51:25Z Referred to 2005-06-16T14:02:15Z 2005-07-01 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Air Quality. Committee 2005-06-17 Sponsor introductory remarks on measure. (CR E1262-1263) IntroReferral B00100 9 Library of Congress 2005-06-16 Referred to the House Committee on Energy and Commerce. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-06-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-06-16 Introduced in House IntroReferral 1000 9 Library of Congress H000324 Rep. Hastings, Alcee L. [D-FL-23] ALCEE HASTINGS D FL L. 23 N H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 2005-06-16 True M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2005-06-16 True O000159 Rep. Owens, Major R. [D-NY-11] MAJOR OWENS D NY R. 11 2005-06-16 True S000810 Rep. Stark, Fortney Pete [D-CA-13] PETE STARK D CA 13 2005-07-19 False Energy Armed Forces and National Security Cartels Commerce Congress Congressional reporting requirements Consumer protection Economic growth Economic impact statements Economics and Public Finance Energy prices Energy supplies Federal advisory bodies Federal budgets Fines (Penalties) Foreign Trade and International Finance Gasoline Government Operations and Politics Government procurement Imports Inflation International Affairs Labor and Employment Law OPEC countries Petroleum Petroleum industry Petroleum reserves Price fixing Price indexes Profit Public Lands and Natural Resources Restrictive trade practices Retail trade Service stations Strategic materials Energy 00 2005-06-16 Introduced in House 2005-07-14T13:07:47Z Gross Overcharging Undermines Gasoline Economics Act - Prohibits retail sales of gasoline for a price that exceeds the base price index multiplied by twice the rate of inflation, as adjusted according to a certain regional price structure index.

Instructs the Secretary of Energy to: (1) develop a regional price structure index to reflect regional variances in gasoline reformulation requirements and transportation costs; and (2) assess a civil penalty for a violation of this Act.

Directs the Federal Trade Commission to report annually to Congress on: (1) passive and active collusion to set gasoline prices;(2) antitrust practices throughout all supply chains in the oil industry; and (3) recommendations to protect consumers against gasoline price gouging.

Prohibits the Secretary from acquiring new petroleum products for, or placing any petroleum products in, the Strategic Petroleum Reserve (SPR).

Directs the Secretary to release from the SPR one million barrels of oil per day.

Establishes the Pricing and Economic Impact Commission to report to Congress on the effect of this Act upon: (1) domestic oil production; (2) foreign oil imports; (3) profits of the oil industry; (4) inflation; (5) employment; (6) economic growth; (7) federal revenues; and (8) national security.

]]> Gross Overcharging Undermines Gasoline Economics Act Display Title Gross Overcharging Undermines Gasoline Economics Act Official Title as Introduced To provide for the assessment of a penalty to gasoline retailers who charge prices grossly in excess of the prescribed index price for gasoline. Introduced in House IH Short Titles as Introduced Gross Overcharging Undermines Gasoline Economics Act Introduced in House 2005-06-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr2944ih/xml/BILLS-109hr2944ih.xml 2005-07-01 Referred to the Subcommittee on Energy and Air Quality. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.