Lower Prices at the Pump Act

In this Act:

(1) Commission. The term Commission means the Federal Trade Commission.

(2) Retail. The term retail, with respect to the sale of gasoline or any other petroleum distillate, includes—

(A) any sale to an end user, such as a motorist; and

(B) any direct sale to another end user, such as agriculture, industry, residential, and commercial consumers.

(3) Wholesale. The term wholesale, with respect to the sale of gasoline or any other petroleum distillate, means—

(A) truckload or smaller sales of gasoline or other petroleum distillates for which title transfers at a product terminal or a refinery; and

(B) dealer tank wagon sales of gasoline or other petroleum distillates priced on a delivered basis to retail outlets.