Fair and Transparent Gas Prices Act of 2026
The Fair and Transparent Gas Prices Act of 2026 directs the Federal Trade Commission to conduct a study on how oil and gas companies influence market prices and fuel availability. This investigation will examine whether corporate actions, such as stock buybacks or reduced production investments, lead to higher consumer costs or limit access to alternative fuels. The commission is authorized to hire up to 50 new staff members and receive $15 million over two years to carry out this research. Once completed, the findings will be reported to Congress along with recommendations for potential laws or administrative actions to ensure fair and competitive markets.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2026
Committee Review
Floor Vote
President
Introduced Apr 21, 2026
Last action Apr 21, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 21, 2026
Committee
Read twice and referred to the Committee on Commerce, Science, and Transportation.
upper
Apr 21, 2026
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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