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Started By
Message
The House passed a law preventing oil companies from price gouging! Get ready for $10 gas
Posted on 5/19/22 at 11:27 am
Posted on 5/19/22 at 11:27 am
The legislation, H.R. 7688, just passed 217-207.
Chucky vows to get a vote in the Senate soon.
Get ready for $10 gas
Chucky vows to get a vote in the Senate soon.
Get ready for $10 gas
This post was edited on 5/19/22 at 11:34 am
Posted on 5/19/22 at 11:28 am to fatboydave
Gas stations gouge... nice deflect from the all knowing morons in DC.
Posted on 5/19/22 at 11:29 am to fatboydave
Demand > supply is not price gouging; it's economics.
This is obviously all deflection.
This is obviously all deflection.
This post was edited on 5/19/22 at 11:30 am
Posted on 5/19/22 at 11:30 am to fatboydave
As they gouge all of us to get their Ukraine kickbacks.
Posted on 5/19/22 at 11:30 am to fatboydave
We need a bill to exempt sales taxes on fuel since they are so concerned with oil companies profiting.
Posted on 5/19/22 at 11:30 am to fatboydave
Get ready for gas lines. Why produce gas when you lose money on every gallon.
Posted on 5/19/22 at 11:31 am to fatboydave
Passing BS laws, but won't suspend any taxes.
Posted on 5/19/22 at 11:31 am to DownSouthJukin
Yeah. This won’t move the needle.
Not sure how it causes higher prices tho.
Not sure how it causes higher prices tho.
This post was edited on 5/19/22 at 11:33 am
Posted on 5/19/22 at 11:34 am to BobBoucher
they're likely gonna cut off any profits that oil companies can make. If they're not making a profit, they'll cut production.
Posted on 5/19/22 at 11:37 am to fatboydave
Amazing how the government thinks they can tell a company how much money they can make.
Posted on 5/19/22 at 11:37 am to fatboydave
The legislation, from Schrier and Rep. Katie Porter (D-Calif.), would outlaw the selling of fuel at an “excessive” price during an energy emergency, though it does not detail any particular price threshold.
The bill would also empower the Federal Trade Commission (FTC) to pursue legal action if instances of price gouging are discovered.
The bill would also empower the Federal Trade Commission (FTC) to pursue legal action if instances of price gouging are discovered.
Posted on 5/19/22 at 11:38 am to fatboydave
didn't Carter try to price control gas and other commodities back in the 70s?
history always rhymes. DC is full of retards.
history always rhymes. DC is full of retards.
Posted on 5/19/22 at 11:39 am to Jbird
quote:
would outlaw the selling of fuel at an “excessive” price during an energy emergency, though it does not detail any particular price threshold.
Now there's a bright line.
Why not just make a law: 'It is henceforth illegal for corporations to be bad.'
Posted on 5/19/22 at 11:40 am to BobBoucher
Yeah. This won’t move the needle. Not sure how it causes higher prices tho.
They will cut production to replace what’s being lost. Democrat voters don’t understand this, so passing this bill looks like democrats are doing something to help out with the high prices when in fact it does the opposite. Trying to hide the problem doesn’t fix the problem. Our government is the reason for higher fuel prices this time. Banning Russian oil and cancelling leases doesn’t help our cause. This is all to push foward a green America.
They will cut production to replace what’s being lost. Democrat voters don’t understand this, so passing this bill looks like democrats are doing something to help out with the high prices when in fact it does the opposite. Trying to hide the problem doesn’t fix the problem. Our government is the reason for higher fuel prices this time. Banning Russian oil and cancelling leases doesn’t help our cause. This is all to push foward a green America.
Posted on 5/19/22 at 11:42 am to fatboydave
This sounds like something a third world shite hole country like Venezuela would do.
Posted on 5/19/22 at 11:43 am to fatboydave
They could always reduce taxes on the gas.
Just saying.
Just saying.
Posted on 5/19/22 at 11:45 am to Jbird
quote:
The legislation, from Schrier and Rep. Katie Porter (D-Calif.), would outlaw the selling of fuel at an “excessive” price during an energy emergency, though it does not detail any particular price threshold.
The bill would also empower the Federal Trade Commission (FTC) to pursue legal action if instances of price gouging are discovered
Ambiguous law is facially unenforceable.
Posted on 5/19/22 at 11:46 am to fatboydave
Smoke and Mirrors......
Posted on 5/19/22 at 11:53 am to fatboydave
quote:
Get ready for $10 gas
No, get ready for no gas.
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