To require an investigation of gasoline prices.
What it does: Adds SEC. __. INVESTIGATION OF GASOLINE PRICES wherever appropriateAdds SEC. __. INVESTIGATION OF GASOLINE PRICES wherever appropriate
Adds a sectionInserted: SEC. __. INVESTIGATION OF GASOLINE PRICES.
Inserted: (a) Investigation.--Not later than 90 days after the date of enactment of this Act, the Federal Trade Commission shall conduct an investigation to determine if the price of gasoline is being artificially manipulated by reducing refinery capacity or by any other form of market manipulation or price gouging practices.
Inserted: (b) Evaluation and Analysis.--The Secretary shall direct the National Petroleum Council to conduct an evaluation and analysis to determine whether, and to what extent, environmental and other regulations affect new domestic refinery construction and significant expansion of existing refinery capacity.
Inserted: (c) Reports to Congress.--
Inserted: (1) Investigation.--On completion of the investigation under subsection (a), the Federal Trade Commission shall submit to Congress a report that describes--
Inserted: (A) the results of the investigation; and
Inserted: (B) any recommendations of the Federal Trade Commission.
Inserted: (2) Evaluation and analysis.--On completion of the evaluation and analysis under subsection (b), the Secretary shall submit to Congress a report that describes--
Inserted: (A) the results of the evaluation and analysis; and
Inserted: (B) any recommendations of the National Petroleum Council.
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Original wording
At the appropriate place, insert the following:
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As printed
SA 980. Mr. FRIST (for Ms. Stabenow (for herself, Mrs. Boxer, and Mr. Dorgan)) proposed an amendment to the bill H.R. 6, to ensure jobs for our future with secure, affordable, and reliable energy; as follows:
At the appropriate place, insert the following:
SEC. __. INVESTIGATION OF GASOLINE PRICES.
(a) Investigation.--Not later than 90 days after the date of enactment of this Act, the Federal Trade Commission shall conduct an investigation to determine if the price of gasoline is being artificially manipulated by reducing refinery capacity or by any other form of market manipulation or price gouging practices.
(b) Evaluation and Analysis.--The Secretary shall direct the National Petroleum Council to conduct an evaluation and analysis to determine whether, and to what extent, environmental and other regulations affect new domestic refinery construction and significant expansion of existing refinery capacity.
(c) Reports to Congress.--
(1) Investigation.--On completion of the investigation under subsection (a), the Federal Trade Commission shall submit to Congress a report that describes--
(A) the results of the investigation; and
(B) any recommendations of the Federal Trade Commission.
(2) Evaluation and analysis.--On completion of the evaluation and analysis under subsection (b), the Secretary shall submit to Congress a report that describes--
(A) the results of the evaluation and analysis; and
(B) any recommendations of the National Petroleum Council.
Legislative Activity
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Senate amendment submitted
June 22, 2005
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Senate amendment submitted
June 22, 2005
Senate amendment agreed to: Amendment SA 980 agreed to in Senate by Unanimous Consent.
June 22, 2005
Senate amendment proposed (on the floor): Amendment SA 980 proposed by Senator Frist for Senator Stabenow.
June 22, 2005
Amendment SA 980 proposed by Senator Frist for Senator Stabenow. (consideration: CR S7056-7061; text: CR S7059) To require an investigation of gasoline prices.
June 22, 2005
Amendment SA 980 agreed to in Senate by Unanimous Consent.
June 22, 2005