S. 1610 · 109th Congress
A bill to require the Federal Trade Commission to conduct an inquiry into the retail price of gasoline.
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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.
D
NelsonSponsorNo cosponsors.
Directs the Federal Trade Commission (FTC) to: (1) initiate an inquiry and report to Congress on whether the retail price of gasoline both before and after Hurricane Katrina, including the price of gasoline containing ethanol, is being artificially manipulated by reducing refinery capacity, by speculation in oil market, or by any other form of manipulation;…
What it does: CRS summary · Introduced in Senate · Sep 6, 2005
Directs the Federal Trade Commission (FTC) to: (1) initiate an inquiry and report to Congress on whether the retail price of gasoline both before and after Hurricane Katrina, including the price of gasoline containing ethanol, is being artificially manipulated by reducing refinery capacity, by speculation in oil market, or by any other form of manipulation; and (2) hold a public hearing to present the inquiry results.
Instructs the FTC to take appropriate action in cooperation with the attorney general of any affected state if it determines that the increase in gasoline prices, including gasoline containing ethanol, is a result of market manipulation.
Sets a deadline for the Secretary of Energy to decide whether to implement expanded use of the Strategic Petroleum Reserve in order to assure adequate gasoline supplies, if the FTC determines that the increase in gasoline prices is not the result of market manipulation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to require the Federal Trade Commission to conduct an inquiry into the retail price of gasoline.
Latest action (Sep 6, 2005): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Energy · Origin: Senate · Introduced: Sep 6, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.