H.R. 4114 · 109th Congress
Energy Price Discipline Act of 2005
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
LoBiondoSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Energy Price Discipline Act of 2005 - Declares it is unlawful for any entity engaged in the petroleum or gasoline business to sell crude oil, gasoline, diesel fuel, natural gas, or petroleum distillates at an unjust or unreasonable price.
What it does: CRS summary · Introduced in House · Oct 20, 2005
Energy Price Discipline Act of 2005 - Declares it is unlawful for any entity engaged in the petroleum or gasoline business to sell crude oil, gasoline, diesel fuel, natural gas, or petroleum distillates at an unjust or unreasonable price.
Directs the Federal Trade Commission (FTC) to promulgate rules to enforce this Act, and to establish what constitutes an unjust or unreasonable price, taking the following factors into consideration: (1) the relation of the price to the prevailing price of that commodity in the market in the same geographic region during the previous 12-month period; (2) shipping, manufacturing, or other costs to the entity; (3) whether there has been a national or regional disruption in the supply of the commodity; and (4) whether there is any indication of the entity taking unfair advantage of any circumstances.
Prescribes FTC enforcement guidelines, including civil and criminal penalties.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Energy Price Discipline Act of 2005
Latest action (Nov 4, 2005): Referred to the Subcommittee on Energy and Air Quality.
Policy area: Energy · Origin: House · Introduced: Oct 20, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.