Republicans block bill to stop fossil fuel companies from price-gouging consumers because of 'socialism'

Republicans block bill to stop fossil fuel companies from price-gouging consumers because of 'socialism'
United States Representative Cathy McMorris Rodgers (R-Washington) (screengrab/@cathymcmorris/Twitter).
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Take a walk through U.S. Rep. Cathy McMorris Rodgers‘ tweets and you’ll find complaint after complaint about the price of gas. Congresswoman McMorris Rodgers, Republican of Washington, is the ranking member of the House Energy and Commerce Committee but opposes legislation to stop oil and gas companies from price gouging consumers.

Rep. McMorris Rodgers on Monday claimed that making it illegal for oil companies to price gouge is “socialism,” something that’s done in places like “Soviet Russia,” not in America.

“The promise of America is free enterprise, not socialism, not government price controls,” she claimed, as she complained about the price of gas, which just hit a new record high.

Here is the Republican from Washington just one week ago saying it’s time to “get these prices under control.”

The bill would not set price caps as some Republicans suggest, rather, it would empower the Federal Trade Commission (FTC) to investigate if oil and gas companies are price gouging consumers.

Republicans on the powerful House Rules Committee on Monday blocked the bill, H.R. 7688, the Consumer Fuel Price Gouging Prevention Act. from advancing. The GOP, thanks to McMorris Rodgers, is now calling the legislation the “Socialist Energy Price Fixing Act.

”CNN’s Manu Raju reports House Republican leadership Monday evening was urging its members to vote against the legislation if and when it comes to a vote on the full floor, which is still possible, although questionable.

C-SPAN’s Craig Caplan:

The right-wing newspaper The Washington Times reports Democrats “were forced to pull the proposal from consideration during a procedural vote in the House Rules Committee that would have teed up the bill for a final vote later this week.”

Senate Majority Leader Chuck Schumer has said he will bring the bill to a vote on the floor if it passes the House. It would require 60 votes to avoid a GOP filibuster, and therefore is not expected to pass.

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