Petrochemical Feedstock Exemption Act

[AI summary unavailable — showing source text] Petrochemical Feedstock Exemption Act - States that the Congress finds that the imposition of fees, taxes, duties, or quantitative restrictions on petrochemical feedstocks would be detrimental to the health and economic welfare of the United States. Directs the President to exempt crude oil, petroleum products, natural gas, and related products, which are to be used as petrochemical feedstocks, from any action to adjust imports of such oil, products, or gas under the Trade Expansion Act of 1962 or the Trade Act of 1974.…