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Washington, D.C. - Rep. Peter Welch (VT-AL) today supported a House-passed bill to crack down on gas price gouging.
Welch spoke this morning at a Capitol press conference supporting the passage of H.R. 6346, The Energy Price Gouging Prevention Act, which gives the Federal Trade Commission the authority to investigate and punish companies that artificially inflate the price of energy. The bill sets criminal penalties for price gouging, and permits states to bring lawsuits against wholesalers or retailers who engage in gouging.
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