United States · Bill · S
S. 2854 (94th)
A bill to provide that the first sale of crude oil produced from stripper wells be exempt from price controls.
Introduced
21 January 1976
Last action
—
Status
Referred to Senate Committee on Interior and Insular Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
24 March 2026
Summary
Amends the Emergency Petroleum Allocation Act of 1973 to stipulate that price controls shall not apply to the first sale of crude oil produced from domestic wells whose daily production of crude oil for the preceding year did not exceed ten barrels per well.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 21 January 1976
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/senate-bill/2854
- Open data entity: https://api.congress.gov/v3/bill/94/s/2854