States that the United States is committed to an: (1) energy pricing, import, and tax policy; (2) adoption of specific energy legislation; (3) adoption of a national energy conservation policy; (4) adoption of an energy production policy; and (5) adoption of an energy research and development program to deal with the critical economic and energy problems facing the Nation.
Sets forth goals to be achieved by each policy or program. Declares that by taking the aforesaid actions, many of which can be implemented immediately by the Administration under existing legislative authority and pending amendments to the Export Administration Act, the President and the Nation can combat inflation at home, and with export control authority, and strategic reserves, bargain in cooperation with other oil consuming nations for concessions from the Organization of Petroleum Exporting Countries for concessions to alleviate a grave international crisis.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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