From Katie Porter <[email protected]>
Subject Update from DC: My bill to lower gas prices passed the House
Date May 19, 2022 9:22 PM
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[ [link removed] ]Katie Porter for Congress

John,

While Americans feel the squeeze of rising gas prices, Big Oil company
profits are at a 7 year high—with Shell reporting three times the
quarterly profits they made a year earlier.

Fossil fuel companies are taking advantage and raising their prices well
above the rate of inflation. It’s price gouging, plain and simple. Big Oil
is showing us exactly why capitalism needs guardrails to work for working
people.

That’s why I introduced the Consumer Fuel Price Gouging Prevention Act,
which would lower gas prices by making these predatory price hikes
illegal. I’m proud to share that today it passed the House.

Now, the bill moves to the Senate, where I hope Republicans will put the
needs of American families ahead of the profit margins of fossil fuel
companies.

Without passing legislation to hold Big Oil companies accountable, they’re
free to continue price gouging American families. I’ll keep fighting to
hold them accountable.

Katie Porter

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