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United States · Bill · HR

H.R. 7079 (94th)

A bill to amend the Emergency Petroleum Allocation Act of 1973 by adding at the end thereof a new section with respect to crude oil price regulation.

referredUnited States· United States Congress· EN

Introduced

19 May 1975

Last action

Status

Referred to House Committee on Interstate and Foreign Commerce.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Prohibits any producer under the Emergency Petroleum Allocation Act from charging a price which is higher than the sum of the highest period price for that grade crude oil at that field with a maximum of $1.35 per barrel.

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Documents

1 official file

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Sources

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