3.0.0 3646 2023-01-13T04:50:16Z 2023-01-13T04:50:16Z House H HR 2005-09-02 109 hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2005-09-19T19:24:46Z Referred to 2005-09-02T17:00:05Z 2005-09-19 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Air Quality. Committee 2005-09-02 Referred to the House Committee on Energy and Commerce. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-09-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-09-02 Introduced in House IntroReferral 1000 9 Library of Congress P000034 Rep. Pallone, Frank, Jr. [D-NJ-6] FRANK PALLONE D NJ 6 N Commerce Administrative procedure Alabama Department of Energy Economic concentration Emergency Management Energy Energy conservation Energy demand Energy prices Floods Gasoline Government Operations and Politics Governmental investigations Hurricane aftermath legislation Hurricanes Law Louisiana Mississippi Petroleum Petroleum industry Price regulation Profit Water Resources Development Commerce 00 2005-09-02 Introduced in House 2005-11-15T15:54:45Z Gas Price Relief and Oil Conservation Act of 2005 - Directs the Secretary of Energy to promulgate regulations to: (1) prevent companies from raising wholesale prices for gasoline more than once every 24 hours; and (2) limit, immediately and until the end of FY2006, the profits of oil companies that sell gasoline on the wholesale market to no more than the average of their profits during the five-year period from FY2001-FY2005.

Directs the appropriate federal departments and agencies, as identified by the President, to propose voluntary, regulatory, and other actions sufficient to reduce demand for oil in the United States by at least one million barrels per day from projected demand for oil in 2013, for purposes of reducing waste of oil and decreasing demand for foreign oil.

Directs the Federal Trade Commission to investigate whether price gouging has occurred in the wholesale and retail gasoline markets in the wake of Hurricane Katrina and whether consolidation in the markets has led to higher prices for consumers.

]]> Gas Price Relief and Oil Conservation Act of 2005 Display Title Gas Price Relief and Oil Conservation Act of 2005 Official Title as Introduced To provide consumers with relief from high gas prices. Introduced in House IH Short Titles as Introduced Gas Price Relief and Oil Conservation Act of 2005 Introduced in House 2005-09-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3646ih/xml/BILLS-109hr3646ih.xml 2005-09-19 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.