Fair and Transparent Gas Prices Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4352 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4352 To require the Federal Trade Commission to conduct a study on conduct related to oil and gas prices, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 21, 2026 Ms. Cortez Masto (for herself and Mr. Lujan) introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation _______________________________________________________________________ A BILL To require the Federal Trade Commission to conduct a study on conduct related to oil and gas prices, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fair and Transparent Gas Prices Act of 2026''. SEC. 2. FTC STUDY ON CONDUCT RELATED TO OIL AND GAS PRICES. (a) Study.--The Federal Trade Commission (in this section referred to as the ``Commission''), in coordination with State attorneys general, as appropriate, shall conduct a study, using the Commission's authority under section 6(b) of the Federal Trade Commission Act (15 U.S.C. 46(b)), to investigate anti-competitive, collusive, or other conduct related to oil and gas companies and markets, including the actual price of oil and gas paid by consumers. Such study shall include an analysis of-- (1) whether such oil and gas companies use their financial resources in a manner that would not expand or increase fuel supply, including by reducing investments in the production of fuel, engaging in stock buy backs, or any other conduct the Commission deems appropriate; and (2) whether such anti-competitive, collusive, or other conduct may-- (A) result in inflated costs for consumers or be considered price gouging; (B) delay producing or deliverin