A bill to authorize the allocation of supplies of materials and equipment associated with the production of energy supplies.

Authorizes the President to, beginning 60 days after the date of enactment of this Act, by regulation, require the allocation of supplies of materials and equipment necessary and essential to the expeditious and orderly development of new domestic energy supplies, if the Administrator of the Federal Energy Administrator finds that: (1) such supplies are scarce, critical, and essential to maintain or further exploration, production, refining, and required transportation of energy supplies and for the construction and maintenance of energy facilities; and (2) maintenance or furtherance of exploration, production, refining, and required transportation of energy supplies and the construction and maintenance of energy facilities cannot reasonably be accomplished without exercising the authority specified in this Act.