Foreign Oil Entitlements Act of 1979

[AI summary unavailable — showing source text] Foreign Oil Entitlements Act of 1979 - Makes the Secretary of Energy, through the Administrator of the Office of Oil Imports Administration, responsible for the issuance of imported petroleum entitlements and stipulates that no petroleum shall thereafter be imported into the United States except in accordance with this Act. Requires a bid to be submitted for petroleum to be imported into the United States. Sets forth the items to be included in such bids. Imposes entitlement fees on retailers and marketers of refined petroleum products which shall cover the cost of operation of the Office of Oil Imports Administration.…