Tag Archives: reasonable

Democrats Introduce Reasonable Profits Board Bill To Regulate Oil Company Profits

 In a direct attack on free enterprise, Democrats have introduced The Gas Price Spike Act, (H.R. 3784), that proposes to establish a “Reasonable Profits Board” to regulate oil company profits. In the “definitions” section (page 2), we get (among other things): (2) WINDFALL PROFIT – The term ‘windfall profit’ means, with respect to any sale,… Read More »