Commodities and Futures News

Democrats to go after “Big Oil” in gas price legislation -lawmakers

2022.04.28 17:41

Democrats to go after "Big Oil" in gas price legislation -lawmakers
FILE PHOTO: Pedestrians walk by the United States Capitol building in Washington, U.S. March 15, 2022. REUTERS/Emily Elconin/File Photo

WASHINGTON (Reuters) – Democrats in Congress said on Thursday they will propose legislation that allows federal and state agencies to “go after” oil companies on wholesale and retail sales practices, lambasting the industry over price gouging and profiteering.

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