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United States · Bill · HR

H.R. 5723 (101st)

Emergency Oil Market Stability Act of 1990

referredUnited States· United States Congress· EN

Introduced

26 September 1990

Last action

30 October 1990 · Referred

Status

Referred to the Subcommittee on Energy and Power.

Sponsors

Rep. Mineta, Norman Y. [D-CA-15], Rep. Fascell, Dante B. [D-FL-19], Rep. Kolter, Joseph P. [D-PA-4], Rep. Traficant, James A., Jr. [D-OH-17], Rep. Roe, Robert A. [D-NJ-8], Rep. Lipinski, William O. [D-IL-3], Rep. Oberstar, James L. [D-MN-8]

Subjects

Energy

Source updated

26 August 2025

Energy

Summary

Emergency Oil Market Stability Act of 1990 - Amends the Energy Policy and Conservation Act to direct the President to promulgate and transmit to the Congress a standby regulation providing for mandatory allocation of petroleum products and, if deemed necessary, price limits on any petroleum product. Specifies emergency circumstances in which the President may implement such regulation. Mandates that the regulation include an optional standby program for crude oil sharing among refiners. Declares the President shall have no authority to: (1) impose any tax, tariff, or user fee; (2) prescribe minimum petroleum prices; (3) establish a program for the assignment of rights for end-user purchases of gasoline or diesel fuel; or (4) restrict or allocate consumer petroleum inventories. Preempts State and local law about petroleum product pricing or allocation, except where exempted by the President. Permits a Governor to implement a State set aside program for residual fuel oil or any refined petroleum and, if the President approves it, also win exemption. Establishes a civil penalty for violation of the standby regulation. Directs the President to collect information on a State-by-State basis regarding petroleum products pricing, supply, and distribution. Terminates all authority under this Act on a specified date.

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

Timeline

  1. 26 September 1990

    Introduced

    Referred to the House Committee on Energy and Commerce.

    Source: IntroReferral

  2. 26 September 1990

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 September 1990

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 30 October 1990

    Referred

    Referred to the Subcommittee on Energy and Power.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

    ViewDownloadOpen at official source

  • Introduced in House

    summary · EN · 26 September 1990

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

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Sources

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