HR 11518 · 94th Congress · Energy

A bill to provide that the first sale of crude oil produced from stripper wells be exempt from price controls.

Introduced 1976-01-27· Sponsored by Rep. Johnson, Albert W. [R-PA-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1976-01-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Emergency Petroleum Allocation Act of 1973 to stipulate that price controls shall not apply to the first sale of crude oil produced from domestic wells whose daily production of crude oil for the preceding year did not exceed ten barrels per well.…

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