HR 5308 · 94th Congress · Energy

A bill to amend the Emergency Petroleum Allocation Act of 1973 to require the President to set a ceiling price of $7 per barrel for crude oil produced in the United States.

Introduced 1975-03-20· Sponsored by Rep. Studds, Gerry E. [D-MA-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1975-03-20)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Emergency Petroleum Allocation Act, that the President shall be required to establish a ceiling price of $7 per barrel on crude oil produced in the United States. States that such action must be taken within 15 days after the date of enactment of this Act.…

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