To provide a penalty for increasing oil prices within 30 days after a declaration of war, the onset of military police action, or a major oil spill.

Summary

Establishes penalties for increasing the price charged for crude oil or a refined petroleum product within 30 days after a declaration of war, the introduction of U.S. armed forces into hostilities (or into situations where involvement in hostilities appears imminent), or receipt of a notification of an oil spill by a Federal agency under the Federal Water Pollution Control Act, unless the price increase is justified by the actual cost of such crude oil or product to the person who increased the price. Requires a notification of a declaration of war, the introduction of U.S. forces into hostilities, or the receipt of notification of an oil spill to be published in the Federal Register as soon as possible after the occurrence of such event.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 17 September 1990

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.