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Senate Takes Another Aim At Gas Price-Gouging

Law360 (May 3, 2007, 12:00 AM EDT) -- With gas prices rising steadily, U.S. senators have re-introduced a bill to ban price-gouging at the gas pump and give regulators the power to investigate and fine energy companies.

The Senate bill follows on the heels of a similar law introduced in the House of Representatives in late February.

“Gouging motorists at the pump is deplorable,” said Sen. Gordon Smith (R-Ore.), one of the bill’s sponsors. “There should be a strong mechanism in place to keep prices in check. We know we are vulnerable to spiking...
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