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United States · Bill · S

S. 3026 (93rd)

A bill to exempt the first sale of certain categories of crude oil from Government price controls.

referredUnited States· United States Congress· EN

Introduced

19 February 1974

Last action

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Status

Referred to Senate Committee on Interior and Insular Affairs.

Sponsors

—

Subjects

Discovery layer

Source updated

24 March 2026

Official sourceView documentsShare

Summary

Provides that the first sale of the following categories of crude oil shall not be subject to price restraints established pursuant to the Economic Stabilization Act or the Emergency Petroleum Allocation Act: (1) crude oil produced from any lease whose average daily production for the preceding twelve-month period does not exceed ten barrels per well, and (2) crude oil produced from any well put into production on or after the date of enactment of this Act by any oil producer who produces only crude oil or natural gas in the United States and who does not own or control any transporting, refining, or marketing facilities.

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Documents

1 official file

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Sources

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