Gas Prices Relief Act of 2022

Senate Bill 3986 - Gas Prices Relief Act of 2022: Overview, Status, and Impact

Hozzl · 2022-12-29T22:48:20Z

Explore the details of Senate Bill 3986 Gas Prices Relief Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Energy. Stay informed on legislative developments.

12/29/2022, 10:48 PM

Congressional Summary of S 3986

Gas Prices Relief Act of 2022

This bill prohibits federal agencies from finalizing any regulations that would cause (1) a decrease in domestic oil, gas, or biofuels production; (2) an increase in gasoline prices; or (3) any negative effects on domestic energy production, domestic electricity generation, transmission of fuel or electricity, infrastructure development, or transportation fuels. The prohibition may not end until the earlier of January 1, 2023, or until the average gasoline price is $2.60 per gallon or less.

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Current Status of Bill S 3986

Bill S 3986 is currently in the status of Bill Introduced since March 31, 2022. Bill S 3986 was introduced during Congress 117 and was introduced to the Senate on March 31, 2022. Bill S 3986's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of March 31, 2022