Standby Petroleum Allocation Act of 1990

Summary

Standby Petroleum Allocation Act of 1990 - Amends the Energy Policy and Conservation Act to direct the President to promulgate and transmit to the Congress a standby regulation for the mandatory 90-day allocation of petroleum products which includes an optional standby crude oil sharing program designed to result in a significant reduction of adverse effects on consumers served by refiners whose crude oil supplies are disproportionately reduced during a severe petroleum supply shortage. Allows petroleum price limitations, disallowing minimum prices. Provides for implementation of the regulation on a national or regional basis.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

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• Introduced in House

  summary · EN · 20 February 1990

  Open at official source

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