,,ii #aagth ,,congress #b;d ,session ,s4 #djdi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #g1 #bjbb,ms4 ,hassan 7for herself1 ,mr4 ,merkley1 ,mr4 ,kelly1 and ,mr4 ,blumenthal7 introduced the following bill2 which was read twice and referred to the ,committee on ,commerce1 ,science1 and ,transportation ,a ,,bill ,to require the ,federal ,trade ,commission to investigate and report on practices in the oil and gas industry4 #a4 ,short title ,this ,act may be cited as the ,oversight to ,lower ,oil ,prices ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,appropriate committees of ,congress ,the term appropriate committees of ,congress means ,committee on ,energy and ,commerce of the ,house of ,representatives1 the ,committee on the ,judiciary of the ,house of ,representatives1 ,committee on ,energy and ,natural ,resources of the ,senate1 the ,committee on the ,judiciary of the ,senate1 and the ,committee on ,commerce1 ,science1 and ,transportation of the ,senate4 7#b7 ,commission ,the term ,commission means the ,federal ,trade ,commission4 #c4 ,investigation into and reporting on market manipulation in the oil and gas industry 7a7 ,investigation ,not later than #de days after the date of enactment of this ,act1 the ,commission shall initiate an investigation under sections #haa and #hab of the ,energy ,independence and ,security ,act of #bjjg 7#db ,u4,s4,c4 #agcja1 #agcjb7 looking for evidence of market manipulation or reporting of false information in the oil1 gas1 petroleum1 and petroleum product industries4 7b7 ,reporting 7#a7 ,in general ,not later than #ahj days after the date of enactment of this ,act1 the ,commission shall submit a report to the appropriate committees of ,congress concerning any-- 7,a7 investigations undertaken under section #haa or #hab of the ,energy ,independence and ,security ,act of #bjjg 7#db ,u4,s4,c4 #agcja1 #agcjb72 7,b7 enforcement actions initiated under section #hac of such ,act 7#db ,u4,s4,c4 #agcjc72 and 7,c7 penalties levied under section #had of such ,act 7#db ,u4,s4,c4 #agcjd74 7#b7 ,form of report ,the report required under paragraph 7#a7 shall be submitted in an unclassified form but may include a classified annex4