H.R. 7079 — A bill to amend the Emergency Petroleum Allocation Act of 1973 by adding at the end thereof a new section with respect to crude oil price regulation.

Summary

Prohibits any producer under the Emergency Petroleum Allocation Act from charging a price which is higher than the sum of the highest period price for that grade crude oil at that field with a maximum of $1.35 per barrel.

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Legislative Actions

1975-05-19
Introduced in House
1975-05-19
Introduced in House
1975-05-19
Referred to House Committee on Interstate and Foreign Commerce.

A bill to amend the Emergency Petroleum Allocation Act of 1973 by adding at the end thereof a new section with respect to crude oil price regulation.

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Summary

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