National Energy Security Corporation Act

[AI summary unavailable — showing source text] National Energy Security Corporation Act - Amends the Energy Policy and Conservation Act to establish a nonprofit corporation to be known as the National Energy Security Corporation to undertake or provide for the undertaking of commercial-scale ventures assuring the availability of the maximum amount of energy for domestic use and furthering the national goal of a domestic synthetic fuel and feedstock production capacity of 2,500,000 barrels crude oil equivalent. Directs the Board of Directors of such Corporation to designate energy projects designed to carry out the purposes of this Act, with priority being given to projects resulting in the greatest production or conservation of energy. Prohibits the Board from so designating projects involving nuclear power, projects subject to foreign jurisdiction, research and development projects, or projects adversely affecting competition. Authorizes the Board to provide financial assistance to such projects in the form of loans or price subsidies, price guarantees, or purchase guarantees for products produced by such project, or to acquire stock or otherwise participate in the financing of such projects, or to undertake the project itself…