Energy Company of America Act

[AI summary unavailable — showing source text] Energy Company of America Act - Amends the Department of Energy Organization Act to establish a Government corporation to be known as the Energy Company of America (the Company), administered by a Board of Directors. Authorizes the Company to: (1) explore for oil, natural gas, coal, and uranium on any Federal lands; (2) develop, produce, import, purchase, refine or enrich, store, transport, and sell fuel resources; (3) engage in research and development for improved methods of fuel resource technology; (4) obtain necessary equipment and facilities; (5) explore for, develop, produce, import, purchase, store, transport, and sell fuel resources in or from non-domestic sources; (6) sue and be sued in its corporate name, use a corporate seal, and adopt, amend, and repeal bylaws governing the operation of the Board; (7) determine employee qualifications, duties, and compensation; (8) enter into agreements necessary to conduct authorized activities; and (9) consult and cooperate with representatives of science, industry, agriculture, labor, environmental protection, and consumer protection. Sets forth additional duties of the Company. Provides for fuel resource production from standby res…