- Aug 6, 2019
- Reaction score
- Bridgeport, CT
- Political Leaning
- Libertarian - Right
The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.
The legislation being brought for a vote, the Consumer Fuel Price Gouging Prevention Act, also would give the Federal Trade Commission the power to issue penalties for price gouging, according to a summary of the legislation.
When this fails, next comes price controls and pretty soon you will be waiting in line for 4 hours to buy gas at a "fair" price.