[Congressional Record Volume 164, Number 99 (Thursday, June 14, 2018)]
[House]
[Page H5188]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATED GAS PRICES
(Mr. CICILLINE asked and was given permission to address the House
for 1 minute.)
Mr. CICILLINE. Mr. Speaker, in my home State of Rhode Island and all
across America, people are working harder than ever just to get by.
Wages are flat and costs continue to rise. In fact, just last month,
gas prices hit a 3-year high. It is obscene. Working people have been
getting ripped off at the pump for years.
One of the biggest reasons is that countries in OPEC and other
foreign oil cartels work together to inflate the cost of gas. Some
folks think there is nothing we can do about this.
That is why, last month, along with Congressman Steve Chabot, I
introduced the No Oil Producing and Exporting Cartels Act, or NOPEC
Act. This is a commonsense bill that will help bring down the cost of
gas by making members of OPEC and other foreign oil cartels subject to
U.S. antitrust laws and preventing them from price gouging. It
prohibits those same companies from withholding their supply of oil in
order to raise prices.
Earlier this week, our bill was approved by the House Judiciary
Committee. I look forward to this bill coming to the floor and its
swift passage. It is long past time that we deliver some much-needed
relief to working people in this country.
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