Tertiary Recovery Incentives Act of 1979

Summary

Tertiary Recovery Incentives Act of 1979 - Amends the Emergency Petroleum Allocation Act of 1973 to provide price incentives for increased petroleum production through the use of tertiary recovery processes. Defines tertiary recovery processes to be those processes which are determined to increase recovery of petroleum over waterflooding techniques. Specifies the relevant State or Federal agency which will make the determination of whether a qualified tertiary recovery process is being utilized. Makes such determination final without a showing of fraud. Exempts the first sale of tertiary crude oil from regulation under such Act. Directs the Administrator of the Economic Regulatory Administration, the United States Geological Survey and applicable State regulatory agencies to promulgate regulations implementing this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 26 February 1979

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.