Standby Petroleum Allocation Act of 1981

Summary

Standby Petroleum Allocation Act of 1981 - Authorizes the President, if there is a severe petroleum shortage to implement a standby regulation providing for: (1) the mandatory allocation of crude oil, residential fuel oil, and any refined petroleum product; and (2) under certain circumstances, the imposition of price controls. Directs the President to promulgate such a general standby regulation within 90 days after enactment of this Act. Prohibits the implementation of such regulation unless the President has transmitted notice to Congress in an energy action message pursuant to the Energy Policy and Conservation Act and neither House of Congress has disapproved the message within 15 days. Provides that the regulation shall be effective for no more than 90 days, except that there may be a 60-day extension if the severe shortage continues. Terminates the President's allocation authority at such time unless a new energy action message has been submitted and has not been disapproved. Sets forth civil penalties for the violation of the standby regulation or any order issued pursuant to this Act. Terminates this Act on January 1, 1985.

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Documents

5 official files

• Conference report filed in House

  summary · EN · 22 February 1982

  Open at official source

• Passed House amended

  summary · EN · 14 December 1981

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• Passed Senate amended

  summary · EN · 29 October 1981

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• Reported to Senate with amendment(s)

  summary · EN · 1 October 1981

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• Introduced in Senate

  summary · EN · 20 July 1981

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