A concurrent resolution declaring the existence of a shortage of crude oil, residual fuel oil, and refined petroleum products.

Expresses the sense of the Congress that: (1) the President should determine and take immediate steps to reduce Federal Government consumption of fuels by a third; (2) the President should initiate a program within the Federal Government to immediately reduce nonessential uses of all Government vehicles and equipment, and commercial and mass transportation should be utilized whenever practical in the conduct of government business; (3) the President should allot Federal Government departments and agencies a fixed quantity of fuel for a fixed period for essential purposes only, and critical national security activities and other vital services may be exempted on a case-by-case basis; (4) the Secretary of Defense should immediately initiate innovative measures to reduce the amount of fuels used for defense activities; and (5) the President should immediately urge State, local, and other public authorities to adopt similar measures.