HR 12678 · 93th Congress · Petroleum industry

Emergency Energy Control Act

Introduced 1974-02-06· Sponsored by Rep. Eckhardt, Bob [D-TX-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1974-02-06)

Plain Language Summary

[AI summary unavailable — showing source text] Emergency Energy Control Act - Establishes until May 15, 1975, unless superceded prior to that date by law, a Federal Energy Emergency Administration which shall be temporary and shall be headed by a Federal Energy Emergency Administrator. Transfers all functions, powers, and duties of the President under this Act, and of any officer, department, agency, or State under this Act to the Administrator. Requires the Administrator to promptly publish for public comment a regulation requiring that persons doing business in the United States, who, on the effective date of this Act, are engaged in exploring, developing, processing, refining, or transporting by pipeline, any petroleum product, natural gas, or coal, shall provide detailed reports to the Administrator every sixty calendar days. Requires the Administrator to furnish promptly such documents to the Congress as it may request. States that upon the enactment of this Act, the Administrator shall issue an order to establish a ceiling on prices of crude oil and petroleum products at levels not greater than the highest levels pertaining to a substantial volume of actual transactions by each business enterprise or other person during t…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat