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.

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Nate Scherer is a Policy Analyst with the American Consumer Institute where he researches and writes about a diverse range of consumer issues. He previously served as a Policy Analyst at the Reason Foundation and has also worked for several other nonprofits including the Texas Public Policy Foundation and the Leadership Institute. More recently, he worked an educator for Fairfax County Public Schools and performed research for Georgetown University’s Edunomics Lab. He possesses a Master of Arts in Teaching in Secondary Education, Social Studies, and has a Bachelor of Arts in Politics. He currently resides in Falls Church, VA.