A joint resolution to authorize the emergency importation of oil into the United States.

Expresses the sense of Congress that: (1) the level of supplies of home heating oil has not been adequate to meet the needs of homes across the Nation, and (2) the major cause of the inadequate supply of such oil is the limitation on imports of petroleum and petroleum products.

Provides that, beginning on the date of enactment of this resolution, the limitation shall not apply to the importation of crude oil or number 2 fuel oil (home heating oil) until the ninety-first day after the date of enactment of this resolution (in the case of crude oil) or April 1, 1974 (in the case of number 2 fuel oil).