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United States · Bill · HR

H.R. 6512 (95th)

Energy Industry Divestiture Act

referredUnited States· United States Congress· EN

Introduced

21 April 1977

Last action

21 April 1977 · Introduced

Status

Referred to House Committee on the Judiciary.

Sponsors

Rep. Seiberling, John F. [D-OH-14], Rep. Udall, Morris K. [D-AZ-2], Rep. Fraser, Donald M. [D-MN-5], Rep. Obey, David R. [D-WI-7], Rep. Patterson, Jerry M. [D-CA-38], Rep. Vento, Bruce F. [D-MN-4]

Subjects

Energy

Source updated

2 September 2025

Energy

Official sourceView documentsShare

Summary

Energy Industry Divestiture Act - Revises the Clayton Act to make it unlawful, after a specified date, for any corporation or association affecting commerce to control mineral deposits in two or more of the following classes: (1) coal; (2) petroleum and natural gas; or (3) uranium and other fissionable minerals. Disallows such corporation or association, after a specified date, from performing two or more of the following activities: (1) owning deposits of; (2) producing; (3) transporting; or (4) marketing at retail, petroleum, petroleum products, or natural gas. Prohibits any corporation or association which, with its affiliates, produces, refines, or transports at retail a daily worldwide average of at least 1,600,000 barrels of crude oil, or the equivalent in natural gas, or products of petroleum refining, from participating in a joint venture with any other such corporation or association except with specific approval of the Attorney General. Requires any corporation or association that would be in violation of this Act, but for the specified compliance date, to submit plans to the Federal Trade Commission for compliance by such date. Prohibits any person from serving as a director, officer, or employee of two or more corporations or associations in the energy industry.

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

Timeline

  1. 21 April 1977

    Introduced

    Referred to House Committee on the Judiciary.

    Source: IntroReferral

  2. 21 April 1977

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 April 1977

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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