Lower Prices at the Pump Act prohibits excessive gasoline and fuel prices during conflict with Iran.
The Lower Prices at the Pump Act aims to protect consumers from gasoline and fuel price gouging during periods of conflict with Iran. It prohibits the sale of gasoline or other petroleum distillates at unconscionably excessive prices, particularly when such pricing indicates unfair advantage during specific periods. The Federal Trade Commission and state attorneys general can enforce this prohibition, with penalties including fines up to $500,000,000.
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