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July 01, 2008 | Jim Lane | Comments 0

Fuel gouging legislation fails to pass US House; switch to E10 without price breaks for consumers to continue

Fuel price gouging legislation failed to pass the US House of Representatives this week by a vote of 276 to 146 that fell six votes short of the two-thirds necessary for passage under a suspension of normal House rules. The bill, H.R. 6346, would have required the Federal Trade Commission to investigate price gouging activities, which have been reported around the country and include the practice of switching from 100 percent gasoline to E10 ethanol without providing a price break for consumers.

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