Transportation Fuel Market Transparency Act

This bill expands federal rules against market manipulation and false information so they cover all transportation fuels, including gasoline, diesel, heating oil, jet fuel, and biofuels. It raises the maximum civil penalty for violations from $1,000,000 to $2,000,000. It directs the Federal Trade Commission to create a Transportation Fuel Monitoring and Enforcement Unit to collect and analyze fuel market data. It requires the Energy Information Administration to survey energy companies on fuel quantities, prices, and origins, publish regional analyses, and share the data with the Federal Trade Commission. The Federal Trade Commission must also report to Congress on its past enforcement actions.

Full text and official record on Congress.gov

Sponsors

• Maria Cantwell Democrat sponsor
• 2 cosponsors