S 2197 · 94th Congress · Energy

Ninety-day Extension of the Emergency Petroleum Allocation Act

Introduced 1975-07-28· Sponsored by Sen. Stevenson, Adlai E., III [D-IL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Interior and Insular Affairs.(1975-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Ninety-day Extension of the Emergency Petroleum Allocation Act of 1973 - Extends the provisions of the Emergency Petroleum Allocation Act until November 30, 1975. Sets the ceiling price for the first sales of old oil, as defined by this Act, at $5.25 per barrel beginning September 1, 1975. Sets the ceiling price for the first sales of new oil, as defined by this Act, at $11.50 per barrel and as adjusted according to this Act.…

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