It is abundantly clear that Americans desire concrete actions to fix inflation. However, harmful price-control legislation and restrictions on domestic energy production are not the steps Americans need or want. With that in mind, the Consumer Fuel Gouging Prevention Act is a deeply misguided piece of legislation that will do nothing to alleviate the financial burden many Americans face when purchasing gas. Instead, congressional leaders should seek to remove domestic oil and gas production barriers. Actions such as these will go a long way toward stabilizing the oil market and helping bring down gas prices.
You can read this commentary in the Inside Sources.