HR 3643 · 96th Congress · Energy

Deep Stripper Well Incentives Act of 1979

Introduced 1979-04-10· Sponsored by Rep. Wilson, Charles [D-TX-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1979-04-10)

Plain Language Summary

[AI summary unavailable — showing source text] Deep Stripper Well Incentives Act of 1979 - Amends the Emergency Petroleum Allocation Act of 1973 to allow the first sale of deep stripper well crude oil to be exempt from price regulation under such Act. Requires a well to be producing at the maximum feasible rate throughout a 12-month period in order to qualify for such exemption.…

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