As Gas and Diesel Prices Spike, Sen. Schiff Introduces Legislation to Levy an Excess Profits Tax on Big Oil Companies to Discourage Price Gouging
September 24, 2026
September 24, 2026
WASHINGTON, Sept. 24 -- Sen. Adam Schiff, D-California, issued the following news release:
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As Gas and Diesel Prices Spike, Sen. Schiff Introduces Legislation to Levy an Excess Profits Tax on Big Oil Companies to Discourage Price Gouging
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Los Angeles, CA - Today, U.S. Senator Adam Schiff (D-Calif.) introduced legislation to levy an excess profits tax on big oil companies to discourage price gouging and ensure oil companies aren't pro . . .
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As Gas and Diesel Prices Spike, Sen. Schiff Introduces Legislation to Levy an Excess Profits Tax on Big Oil Companies to Discourage Price Gouging
*
Los Angeles, CA - Today, U.S. Senator Adam Schiff (D-Calif.) introduced legislation to levy an excess profits tax on big oil companies to discourage price gouging and ensure oil companies aren't pro . . .