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Gas Consumer Protection: Trading Limits and Price Gouging Ban in Emergencies.

This act aims to protect citizens from sudden and drastic increases in natural gas prices during emergencies. It introduces trading limits and prohibits price gouging, which is intended to prevent speculation and shield household budgets from uncontrolled heating or energy costs. Additionally, the act mandates a study to identify who profited from high gas prices during Winter Storm Uri, to prevent similar situations in the future.
Key points
Imposing limits on natural gas trading during emergencies to prevent artificial price increases.
Prohibiting natural gas price gouging during declared federal emergencies, with potential for significant financial penalties.
Mandating a study to identify beneficiaries of dramatic gas price increases during Winter Storm Uri, to inform future protections.
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Expired
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Additional Information
Print number: 117_HR_5749
Sponsor: Rep. Castro, Joaquin [D-TX-20]
Process start date: 2021-10-27
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Gas Consumer Emergency Market Protection Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5749.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-10-27.

What are the main provisions?

Key points include:

  • Imposing limits on natural gas trading during emergencies to prevent artificial price increases.
  • Prohibiting natural gas price gouging during declared federal emergencies, with potential for significant financial penalties.
  • Mandating a study to identify beneficiaries of dramatic gas price increases during Winter Storm Uri, to inform future protections.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Castro, Joaquin [D-TX-20].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Energy