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Transportation Fuel Market Transparency: Protecting Consumers from Price Hikes

This Act aims to protect citizens from unjustified increases in transportation fuel prices, such as gasoline, diesel, and jet fuel. It introduces new market monitoring rules and increases penalties for price manipulation, ensuring fair competition and more stable prices for drivers and other users.
Key points
Increased financial penalties for manipulating fuel markets and spreading false information, deterring unfair practices.
Establishment of a dedicated unit within the Federal Trade Commission (FTC) to continuously monitor fuel markets, identify abuses, and enforce regulations.
Mandatory collection of detailed fuel market data, including imports, exports, refining, and prices, to enhance transparency and facilitate detection of irregularities.
Public dissemination of market data analyses, enabling citizens to better understand fuel price dynamics and potential causes of changes.
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Expired
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Additional Information
Print number: 117_HR_7800
Sponsor: Rep. Levin, Mike [D-CA-49]
Process start date: 2022-05-17
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Transportation Fuel Market Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7800.

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 2022-05-17.

What are the main provisions?

Key points include:

  • Increased financial penalties for manipulating fuel markets and spreading false information, deterring unfair practices.
  • Establishment of a dedicated unit within the Federal Trade Commission (FTC) to continuously monitor fuel markets, identify abuses, and enforce regulations.
  • Mandatory collection of detailed fuel market data, including imports, exports, refining, and prices, to enhance transparency and facilitate detection of irregularities.
  • Public dissemination of market data analyses, enabling citizens to better understand fuel price dynamics and potential causes of changes.
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. Levin, Mike [D-CA-49].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Energy and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Transport