3.0.0 4114 2023-01-13T04:49:53Z 2023-01-13T04:49:53Z House H HR 2005-10-20 109 hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2005-11-04T21:56:24Z Referred to 2005-10-20T14:00:05Z 2005-11-04 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Air Quality. Committee 2005-10-20 Referred to the House Committee on Energy and Commerce. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-10-20 Sponsor introductory remarks on measure. (CR E2147-2148) IntroReferral B00100 9 Library of Congress 2005-10-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-10-20 Introduced in House IntroReferral 1000 9 Library of Congress L000554 Rep. LoBiondo, Frank A. [R-NJ-2] FRANK LOBIONDO R NJ A. 2 N S000522 Rep. Smith, Christopher H. [R-NJ-4] CHRISTOPHER SMITH R NJ H. 4 2005-10-20 True E000172 Rep. Emerson, Jo Ann [R-MO-8] JO EMERSON R MO ANN 8 2005-10-20 True Energy Administrative procedure Commerce Crime and Law Enforcement Diesel motor Energy prices Energy supplies Federal Trade Commission Fines (Penalties) Gas industry Gasoline Government Operations and Politics Independent regulatory commissions Law Natural gas Petroleum Petroleum industry Petroleum refineries Profit Restrictive trade practices Transportation and Public Works Energy 00 2005-10-20 Introduced in House 2005-11-21T20:57:08Z Energy Price Discipline Act of 2005 - Declares it is unlawful for any entity engaged in the petroleum or gasoline business to sell crude oil, gasoline, diesel fuel, natural gas, or petroleum distillates at an unjust or unreasonable price.

Directs the Federal Trade Commission (FTC) to promulgate rules to enforce this Act, and to establish what constitutes an unjust or unreasonable price, taking the following factors into consideration: (1) the relation of the price to the prevailing price of that commodity in the market in the same geographic region during the previous 12-month period; (2) shipping, manufacturing, or other costs to the entity; (3) whether there has been a national or regional disruption in the supply of the commodity; and (4) whether there is any indication of the entity taking unfair advantage of any circumstances.

Prescribes FTC enforcement guidelines, including civil and criminal penalties.

]]> Energy Price Discipline Act of 2005 Display Title Energy Price Discipline Act of 2005 Official Title as Introduced To prohibit the sale of crude oil, gasoline, diesel fuel, natural gas, or petroleum distillates at an unjust or unreasonable price. Introduced in House IH Short Titles as Introduced Energy Price Discipline Act of 2005 Introduced in House 2005-10-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4114ih/xml/BILLS-109hr4114ih.xml 2005-11-04 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.