HR 7079 · 94th Congress · Inflation

A bill to amend the Emergency Petroleum Allocation Act of 1973 by adding at the end thereof a new section with respect to crude oil price regulation.

Introduced 1975-05-19· Sponsored by Rep. Broyhill, James T. [R-NC-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1975-05-19)

Plain Language Summary

[AI summary unavailable — showing source text] Prohibits any producer under the Emergency Petroleum Allocation Act from charging a price which is higher than the sum of the highest period price for that grade crude oil at that field with a maximum of $1.35 per barrel.…

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