National Emergency Petroleum Act

[AI summary unavailable — showing source text] National Emergency Petroleum Act - Title I: Statement of Findings and Purposes - States the purposes of this Act, including to: (1) protect the public welfare and the national security in the face of critical energy shortages; and (2) provide a national program to conserve scarce energy resources, through mandatory and voluntary rationing and conservation measures. Title II: Emergency Fuel Shortage Contingency Programs - Authorizes the President to declare a national or regional emergency requiring implementation of emergency fuel shortage contingency programs as provided for in this title. States that the President shall promulgate reguirements for emergency rationing, conservation, and contingency programs to be implemented by State and local governments in the event there is an emergency fuel shortage. Provides that such programs shall include: (1) an established priority system and plan for rationing of scarce fuel among distributors and consumers during periods of critical shortages, and (2) measures to reduce energy consumption in the affected area by 10 percent within ten days, and by 25 percent within four weeks after implementation. Directs the President, in time of actual…