It appears that the House is trying to do something about record-high gasoline prices. This would be in the form of a stiff penalty for those found guilty of gasoline price gouging. However, it has already been implied that the president will veto the bill.

Not too long ago, it was reported that the oil companies were making excessively high profits, billions more than had ever been recorded. Consumers complained. Our representatives complained. The president said he didn't like it either, but there was nothing he could do about it. Well, here is his chance: He can be sure the bill is worded properly and sign it.

The oil companies have always had an excuse for the price increases. They say we use more gasoline during holidays and summer months and we cause a shortage, so they have to charge more. Or, we are using less gasoline, which cuts into their profits, so they have to charge more to cover the loss of revenue. Use more and get charged more, or use less and still get charged more. Of course, there is the other reason that falls between the high and low usage excuse, and that is what the oil companies call "research."

However, I guess we are expected to be ever so grateful when we see the listed prices drop a couple of cents once in a while between the dramatic highs we are charged.
No one expects the oil companies to not make a good profit. That's just good free enterprise. However, I think they finally need a good reason for the increases other than doing it because they can get away with it.

— Tom DeBardas, Ventura