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United States · Bill · S

S. 2231 (94th)

Transitional Petroleum Allocation Act

referredUnited States· United States Congress· EN

Introduced

30 July 1975

Last action

—

Status

Referred to Senate Committee on Interior and Insular Affairs.

Sponsors

—

Subjects

Discovery layer

Source updated

24 March 2026

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Summary

Transitional Petroleum Allocation Act - Requires suppliers, prior to the expiration of the regulations promulgated and made effective under the Emergency Allocation Act of 1973, to execute two-year contracts with customers in each of the five general classes of trade set forth in this Act. Provides that such contracts shall entitle persons covered by this Act to contract with suppliers for crude oil or refined petroleum products, or both, in quantities not less than their current adjusted base volumes. Directs that persons unable to negotiate a supply contract in accordance with this Act may be assigned by the Federal Energy Administration to any supplier which has not fully compiled with this Act.

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Documents

1 official file

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