(Bloomberg) -- The House of Representatives approved
legislation today that would make gasoline price gouging a
federal crime, subjecting companies to as much as $150 million
in fines.
The 284-141 vote marks the second action the House has
taken this week in response to record gasoline prices. Lawmakers
yesterday approved a measure that would allow the Justice
Department to file antitrust lawsuits against the Organization
of Petroleum Exporting Countries, which provided 44 percent of
U.S. crude oil imports in February.
Read more at Bloomberg Energy News
legislation today that would make gasoline price gouging a
federal crime, subjecting companies to as much as $150 million
in fines.
The 284-141 vote marks the second action the House has
taken this week in response to record gasoline prices. Lawmakers
yesterday approved a measure that would allow the Justice
Department to file antitrust lawsuits against the Organization
of Petroleum Exporting Countries, which provided 44 percent of
U.S. crude oil imports in February.
Read more at Bloomberg Energy News
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