A bill to amend the National Energy Emergency Act and the emergency Petroleum Allocation Act to waive conflicts of interest.

Authorizes the President or his designee, in carrying out the provisions of the National Energy Emergency Act and the Emergency Petroleum Allocation Act, to appoint persons from outside government to positions within the government upon support of a written certificate of the necessity and propriety of such appointment. Authorizes the President to exempt such persons from the conflict of interest provisions of the United States Code. Enumerates specific exceptions to such exemption.