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United States · Bill · HR

H.R. 4585 (96th)

A bill to establish a mandatory commodity market for crude oil.

referredUnited States· United States Congress· EN

Introduced

22 June 1979

Last action

Status

Referred to House Committee on Interstate and Foreign Commerce.

Sponsors

Subjects

Discovery layer

Source updated

5 February 2024

Summary

Establishes a commodity exchange under the supervision of the Commodity Futures Trading Commission upon which all sales of domestically produced crude oil, all sales of crude oil for use or resale within the United States, and all first sales of refined petroleum products within the United States shall be conducted by auction pursuant to regulations promulgated by the President.

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Versions

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Documents

1 official file

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Sources

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