To prohibit the exportation of gasoline during periods of high gasoline prices.

Bill 118 hr 10531, also known as the "Gasoline Export Prohibition Act," aims to prevent the exportation of gasoline during times when gasoline prices are high. The bill seeks to address concerns that exporting gasoline during periods of high prices can exacerbate price spikes and shortages in the domestic market.

If passed, this legislation would prohibit the exportation of gasoline when the national average retail price of gasoline exceeds a certain threshold, as determined by the Secretary of Energy. The bill includes provisions for waivers in cases of national security or emergency situations.

Supporters of the bill argue that it is necessary to protect American consumers from price gouging and ensure a stable supply of gasoline during times of high demand. Opponents, however, raise concerns about potential negative impacts on international trade and the global energy market. Overall, the Gasoline Export Prohibition Act is a proposed measure to regulate the exportation of gasoline in order to mitigate the effects of high gasoline prices on American consumers.