Ari Natter and Billy House

Government, Business, Fuel

Ban on ‘Excessive’ Gas Prices Heading for House Vote

House Speaker Nancy Pelosi speaks during a news conference at the Capitol May 12, 2022. House Speaker Nancy Pelosi speaks during a news conference at the Capitol May 12, 2022. (Sarah Silbiger/Bloomberg News)

The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.

May 12, 2022