Lower Prices at the Pump Act aims to prevent excessive gasoline and fuel prices during conflicts with Iran.

The Lower Prices at the Pump Act prohibits the sale of gasoline or petroleum distillates at unconscionably excessive prices during periods of conflict with Iran. This prohibition applies to both wholesale and retail sales. The Federal Trade Commission is tasked with enforcing this prohibition, with the power to intervene in state actions, seek damages, and obtain other legal relief. Criminal penalties for violations include fines up to $500,000,000.

Lower Prices at the Pump Act aims to prevent excessive gasoline and fuel prices during conflicts with Iran.

The Lower Prices at the Pump Act prohibits the sale of gasoline or petroleum distillates at unconscionably excessive prices during periods of conflict with Iran. This prohibition applies to both wholesale and retail sales. The Federal Trade Commission is tasked with enforcing this prohibition, with the power to intervene in state actions, seek damages, and obtain other legal relief. Criminal penalties for violations include fines up to $500,000,000.