A bill to require the Federal Trade Commission to monitor and investigate gasoline prices under certain circumstances.
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · May 14, 2007
Requires the Federal Trade Commission (FTC) to investigate the retail price of gasoline in a state in which the average price of regular grade gasoline has increased 20 percent or more for at least seven days during any three-month period in order to determine if the price is being artificially manipulated by reducing refinery capacity or by any other form of manipulation.
Requires the FTC to: (1) report to Congress within 30 days after initiating an investigation; and (2) present investigation results, within 14 days after reporting to Congress, at a public hearing in the state in which the retail price of gasoline was investigated.
Requires the FTC, in cooperation with the Attorney General of the relevant state, to take appropriate action if it determines that the increase in gasoline prices in a state is a result of market manipulation.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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