• A bill that would set gas price limits and prevent 'exploitative' cost hikes is headed for a House vote

    9 days ago - By Business Insider

    Prices at UK gas stations have surged. Solstock/Getty Images
    Nancy Pelosi announced a bill that would crack down on "exploitative" gas prices.
    The bill is headed for a House vote, but is unlikely to garner the necessary Republican support.
    Pelosi and other Democrats said oil companies are taking advantage of an international crisis.
    Congress will vote next week on a bill that would prohibit "excessive" gas prices. The legislation would enable President Joe Biden to issue an emergency energy declaration making it illegal to increase gas and home energy prices in an "exploitative" manner...
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