Fair and Transparent Gas Prices Act of 2026

This bill would require the Federal Trade Commission (FTC), working with state attorneys general as appropriate, to study possible anti-competitive, collusive, or other conduct by oil and gas companies, including the prices consumers pay. The study would look at whether companies use money in ways that do not increase fuel supply, such as stock buybacks, and whether their conduct raises consumer costs, delays fuel supply, or limits alternative fuels or vehicle technology. The FTC would report results and recommendations to certain congressional committees within one year and once a year for the following two years. The bill would exempt the study's information collection from the Paperwork Reduction Act, let the FTC hire up to 50 additional staff outside civil service rules, and authorize $15 million for each of fiscal years 2027 and 2028.

Full text and official record on Congress.gov

Sponsors

• Catherine Cortez Masto Democrat sponsor
• 1 cosponsors