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Senate panel adds price gouging provision to CAFE bill

05/14/2007
A US Senate committee added an amendment that would make gasoline price gouging a federal crime, and then the committee approved a bill to improve automotive fuel efficiency requirements.The Commerce, Science, and Transportation Committee on May 8 approved by voice vote S. 357, which would raise Corporate Average Fuel Economy standards and add the requirements to medium and heavy-duty trucks, after adopting the price gouging amendment offered by committee member Maria Cantwell (D-Wash.).“Regular gas prices in Washington state are averaging $3.40 right now. That’s higher than last year or in the aftermath of Hurricane Katrina. We need better consumer protections on the books,&r...
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