Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

There are only a few days left in our critical Mid-Year Campaign and we truly might not make it without your help.
Please join us. If you rely on independent media, support Common Dreams today. This is crunch time. We need you now.

Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Without your help, we won’t survive.

For Immediate Release


Cassidy DiPaola,

Press Release

Democrats Introduce New Legislation to Stop Price Gouging, Protect American Public


Democrats are expected to vote on new legislation this week that will make it illegal for Big Oil to gouge consumers at the gas pump or on their home heating bills.

The Consumer Fuel Price Gouging Prevention Act, introduced last week by U.S. Representatives Kim Schrier and Katie Porter, would give President Biden the power to issue an Energy Emergency Declaration that would make it unlawful to increase gasoline and home energy fuel prices in an exploitative manner.

This legislation follows the announcement that the top 21 U.S oil and gas companies earned over $40 billion in the first quarter of this year alone, while families continue to struggle under the weight of artificially high gas prices. Rather than stabilizing gas prices or investing in more output and production, these companies are using their record profits to enrich their executives and shareholders, with nearly $60 billion planned in stock buybacks and dividend payments this year.

This week’s House vote is a good step on the way towards passing a Big Oil Windfall Profits Tax that would tax the industry’s obscene profits and use the revenue to provide Americans immediate relief.

In response, Jamie Henn, spokesperson for STOP (Stop the Oil Profiteering) released the following statement:

“Big Oil has absolutely no shame in gouging struggling American families in order to line the pockets of their wealthy investors and executives. Now it’s Congress’ turn to stand up for our communities and push back against Big Oil’s war profiteering. The Consumer Fuel Price Gouging Prevention Act is an important first step towards ending oil industry profiteering; the next is to pass a Big Oil Windfall Profits Tax that could get even more relief to American families by taxing the industry’s obscene profits. We applaud Rep. Schrier and Rep. Porter’s initiative and urge Democrats to keep doing everything in their power to hold Big Oil accountable.”



Fossil Free Media is a nonprofit media lab that supports the movement to end fossil fuels and address the climate emergency. 

Biden Urged to Take Emergency Action After 'Disastrous' Climate Ruling by Supreme Court

"The catastrophic impact of this decision cannot be understated," said Rep. Pramila Jayapal, but "we cannot accept defeat."

Kenny Stancil ·

'Now We're Talking!' Says AOC as Biden Backs Filibuster Carveout for Abortion Rights

"Time for people to see a real, forceful push for it," said the New York Democrat. "Use the bully pulpit. We need more."

Jake Johnson ·

Supreme Court Says Biden Can End 'Shameful' Remain in Mexico Asylum Policy

"Now is the turn for Congress to get rid of Title 42, and provide a solution to the weakened asylum system in place, to provide a humane and fair alternative to vulnerable children, families, and individuals fleeing unsafe conditions and persecution."

Brett Wilkins ·

Democrats Lose Senate Majority as 82-Year-Old Leahy Heads for Hip Surgery

"It could be over for the Senate Dems now," said one policy expert in response. "This could mean they effectively lost their majority."

Jon Queally ·

Beijing Slams NATO for 'Maliciously... Smearing' China as a Security Threat

"Who's challenging global security and undermining world peace?" Chinese officials asked. "Are there any wars or conflicts over the years where NATO is not involved?"

Kenny Stancil ·

Common Dreams Logo