Federal · Title 42 — Public Health and Welfare

42 U.S.C. § 17301: Prohibition on market manipulation

Civil

What this law says, in plain English

Federal law prohibits using deceptive or manipulative devices in wholesale crude oil, gasoline, or petroleum distillate transactions, subject to FTC regulations designed to protect the public interest.

Read the full statutory text

It is unlawful for any person, directly or indirectly, to use or employ, in connection with the purchase or sale of crude oil 1 gasoline or petroleum distillates at wholesale, any manipulative or deceptive device or contrivance, in contravention of such rules and regulations as the Federal Trade Commission may prescribe as necessary or appropriate in the public interest or for the protection of United States citizens. 1 So in original. A comma probably should appear.

Verify at the official source: Federal legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.