A bill to authorize the Administrator of the Federal Energy Office to obtain certain information with respect to current supplies of crude oil and petroleum products.

Summary

Authorizes the Administrator of the Federal Energy Office to obtain from oil producers, refiners, distributors, and pipeline entities, engaged in interstate or foreign commerce, information with respect to current supplies of crude oil and petroleum products for the purpose of determining the total aggregate inventory of crude oil and other petroleum products under their control. Directs the Administrator of the Federal Energy Office to report to Congress within 45 days of the enactment of this Act his findings with respect to the total aggregate amount of crude oil and petroleum products held as of the 25th day following the date of the enactment of this Act. Provides penalties of imprisonment for not more than three months or a fine of not more than $10,000 or both for willful failure to comply or for willful failure to comply truthfully with the reporting requirements under this Act.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 21 January 1974

  Open at official source

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