INVESTIGATION OF GASOLINE PRICES.

SEC. 1809. INVESTIGATION OF GASOLINE PRICES. (a) Investigation.—Not later than 90 days after the date of enactment of this Act, the Federal Trade Commission shall conduct an investigation to determine if the price of gasoline is being artificially manipulated by reducing refinery capacity or by any other form of market manipulation or price gouging practices. (b) Evaluation and Analysis.—The Secretary shall direct the National Petroleum Council to conduct an evaluation and analysis to determine whether, and to what extent, environmental and other regulations affect new domestic refinery construction and significant expansion of existing refinery capacity. (c) Reports to Congress.— (1) Investigation.—On completion of the investigation under subsection (a), the Federal Trade Commission shall submit to Congress a report that describes— (A) the results of the investigation; and (B) any recommendations of the Federal Trade Commission. (2) Evaluation and analysis.—On completion of the evaluation and analysis under subsection (b), the Secretary shall submit to Congress a report that describes— (A) the results of the evaluation and analysis; and (B) any recommendations of the National Petroleum Council.