Wholesale Motor Fuel Fairness and Competition Restoration Act

H.R. 1039, the Wholesale Motor Fuel Fairness and Competition Restoration Act, aims to prevent price discrimination in the gasoline industry by requiring fuel terminal owners to charge the same wholesale price to all buyers. This would prohibit oil companies from giving preferential pricing to their own branded stations or affiliates over independent local retailers.

For everyday citizens, this bill is designed to lower gas prices by fostering a more competitive marketplace for independent gas stations. Additionally, the bill would require the Federal Trade Commission to publicly disclose the specific costs behind fuel prices—such as refining, transportation, and profit margins—providing consumers with greater transparency regarding why they pay a certain price at the pump.