May 23, 2007 – 1:42 p.m.
The House defied a presidential veto threat Wednesday and passed a bill intended to block gasoline price gouging.
Democratic leaders bypassed committee action to bring the bill (
The legislation, sponsored by
Such legislation would “lessen the pain that motorists are feeling every day when they fill up their cars at the gas pump,” Stupak said during floor debate on the measure, which split largely along party lines.
The bill was the latest in a flurry of activity aimed at addressing the recent spike in gasoline prices, which has received attention on Capitol Hill this week as lawmakers prepare to head back to their districts and face voters over the Memorial Day weekend, the unofficial start of the summer driving season.
On May 22, the House passed a bipartisan consumer protection bill (
Senate Democrats also sought to build support Wednesday for a broad energy package that Majority Leader
That package will include price-gouging controls similar to those in the House-passed legislation, as well as a range of other provisions designed to decrease fossil fuel dependence. The Senate legislation also would require increased alternative-energy use and higher fuel economy standards for passenger vehicles.
House and Senate supporters of price-gouging legislation said such measures will provide motorists with short-term relief at the pump.
“It’s important that consumers have protections . . . to make sure that they aren’t being gouged by artificially manipulated prices,” Sen.
President Bush on Wednesday threatened to veto the price-gouging bill, which the administration warned “could result in gasoline price controls and in some cases bring back long gas lines reminiscent of the 1970s.” Oil companies have lodged similar protests.
Leading House Republicans also objected to the substance of the bill and to the fast-track procedures Democrats used to bring the legislation to the floor.
“As demand goes up, if you don’t have the capacity to increase the supply, sooner or later the price is going to go up,” Barton said.
Stupak’s original bill would have applied gouging controls at all times, but the language was amended to cover only certain emergency situations. That aligns it more closely with language the Senate Commerce, Science and Transportation Committee approved earlier this month, which would ban price gouging whenever the president declares federal emergencies.
That language, part of a broader bill (
The House bill would grant the Federal Trade Commission authority to fine violators and seek criminal penalties of up to $150 million for corporations. For individuals, fines could reach $2 million, and prison time could reach 10 years.
“The oil companies have the consumers over a barrel — a barrel of oil that the oil companies control,” said
Last year, House Republicans passed a similar price-gouging bill, but the Senate did not act on it.
Wednesday’s bill passed under suspension of the rules, a procedure that limits debate, bars amendments and requires a two-thirds majority for passage.


