Totally idiotic in theory and practice - soviet style socialism at it's finest. Do you remember the Disasterous price caps on gas during the Jimmy Carter years? And the shortages and lines? Apparently not.
You forgot this paragraph:
c. Establish a number of distribution bureaus in each state to make sure that "market information" is maintained, so that no location is running short of gasoline, thus maintaining an even supply and easing any "gas lines" and spot shortages that might otherwise occur.