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Gas Price Gouging Prevention Act during Crises

This act aims to protect consumers from unfair price gouging of gasoline and other fuels during international crises affecting oil markets. The President can declare an emergency, allowing prosecution of companies selling fuel at unconscionably excessive prices. Citizens can expect protection against price speculation during difficult times.
Key points
Prohibits unfair price gouging of gasoline and other petroleum distillates during declared international crises.
The U.S. President can declare an emergency, specifying the affected area and duration of the prohibition.
Companies violating the act face significant civil penalties (up to 3 times profits or $100 million) and criminal penalties (up to $500 million).
The Federal Trade Commission (FTC) and State attorneys general can enforce the act, enhancing consumer protection.
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Expired
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Additional Information
Print number: 117_S_3920
Sponsor: Sen. Duckworth, Tammy [D-IL]
Process start date: 2022-03-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Gas Price Gouging Prevention Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3920.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-24.

What are the main provisions?

Key points include:

  • Prohibits unfair price gouging of gasoline and other petroleum distillates during declared international crises.
  • The U.S. President can declare an emergency, specifying the affected area and duration of the prohibition.
  • Companies violating the act face significant civil penalties (up to 3 times profits or $100 million) and criminal penalties (up to $500 million).
  • The Federal Trade Commission (FTC) and State attorneys general can enforce the act, enhancing consumer protection.
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 Sen. Duckworth, Tammy [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Courts and Law