Tertiary Recovery Incentives Act of 1981

Summary

Tertiary Recovery Incentives Act of 1981 - Amends the Emergency Petroleum Allocation Act of 1973 to provide price incentives for increased petroleum production through the use of tertiary recovery processes. Defines tertiary recovery processes to be those processes which are determined to increase recovery of petroleum over waterflooding techniques. Specifies the relevant State or Federal agency which will make the determination of whether a qualified tertiary recovery process is being utilized. Makes such determination final without a showing of fraud. Exempts the first sale of tertiary crude oil from regulation under such Act. Directs the Administrator of the Economic Regulatory Administration, the United States Geological Survey, and applicable State regulatory agencies to promulgate regulations implementing this Act.

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Timeline

1. 22 January 1981

   Introduced

   Referred to House Committee on Energy and Commerce.

   Source: IntroReferral

2. 22 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 6 February 1981

   Referred

   Referred to Subcommittee on Fossil and Synthetic Fuels.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 22 January 1981

  Open at official source

Sponsors

• Rep. Wilson, Charles [D-TX-2] · D · Sponsor
• · hsif00 · Standing

Related records

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