House passes gasoline price-gouging bill

The hill ^ | 05/19/2022 | Rachel Frazen

[Theophilus]

Should have dictated free gas for all!

[mountainlion]

We need a government gouging bill.

[Steve_Seattle]

"When will they pass a college tuition gouging bill?"

Ding ding ding!!! We have a winner!

[Scott from the Left Coast]

Now you can go from not being able to afford gas to simply not being able get gas.

Good job Democrats. That’s the ticket.

[HamiltonJay]

This is laughable...

Federal Gas taxes per gallon, even at this high price, around or more than the actual profits the oil companies make per gallon of gasoline.. if you add in the state taxes Taxes are WAY more per gallon than oil company profits per gallon...

But remember its the oil companies that are gouging you....

[stevio]

Exactly. Whatever the government calls one of their “laws”, it’s the opposite outcome.

[Tupelo]

When the government starts telling a business how much profit they can make, that is maybe past Fascism into NATIONAL SOCIALISM or Communism.

[KamperKen]

"So, they’re gonna try and blame anything, anyone and everybody but themselves for the very disaster that they’ve actually created."

And as the ultimate distraction they're going to start a war which will be world-wide conflagration.

[muir_redwoods]

We need more education about the obvious than we need investigation into the obscure

https://fee.org/articles/on-price-gouging/

[Bob434]

the administration sets the economy on fire, then blames the match company for the fire-

[alloysteel]

Where does “fair market recovery of expenses” end and “price gouging” start?

This is much like saying “the rich” should pay their “fair share” of taxes. Nobody seems able to determine just what is “fair share”.

[jimwatx]

Yup lines for gas and only purchases on alternate days according to your license plate number, just like in the 70’s.

[griswold3]

“Dems will pay the political price.”
Don’t count on it.
The Dumb masses believe it is the evil corporations that are gouging consumers.

[FirstFlaBn]

Just add a gas rationing app to go along with your vaccine passport on your phone. Like with baby formula, no purchase restrictions for welfare recipients.

No vaccine, no gas.

[hardspunned]

Is Elon Musk Hank Reardon or Francisco d’Anconia?

[unread]

If they want to charge somebody with price gouging they should start with Joe Biden... :(

[Ronald77]

Will drive gas prices higher, that is the intent.

[Gaffer]

Lemme guess. The bill doesn’t stop the price of gasoline at the pump....it just takes the excess over their guess away from the refiners and gas stations. Straight into their pockets...

[Sooth2222]

"Still, Democrats point to record profits posted by major oil companies as evidence of an issue."

That's a feature of Brandon and the 'rats restricting US energy production, not a bug.

[DesertRhino]

Yea! Now we get price controls. That -always- massively helps in a shortage driven price spike. Morons...

At least in the 70s the music was good.