S 1916 · 95th Congress · Commerce

Energy Resources Competition Act

Introduced 1977-07-25· Sponsored by Sen. McIntyre, Thomas J. [D-NH]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on the Judiciary.(1977-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] Energy Resources Competition Act - Makes it unlawful for any person who has any interest in any petroleum business, coal business, oil shale business, uranium business, nuclear reactor business, geothermal steam business, or solar energy business to acquire any interest or control in any petroleum business, coal business, oil shale business, nuclear reactor business, geothermal steam business, or solar energy business except that such limitation shall not apply to the acquisition of any interest in the same primary energy business as that of the acquiring person. States that no person engaged in the petroleum business shall be permitted to acquire a lease of any Federal interest in real property, including the Outer Continential Shelf, the purpose of which is to extract or produce any energy resources other than petroleum or natural gas. Sets forth criminal and civil penalties for violations of this Act.…

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