A bill to authorize the President of the United States to order emergency deliveries and transportation of natural gas to deal with existing or imminent shortages by providing assistance in meeting requirements for high priority uses; to provide authority for short-term emergency purchases of natural gas.
Emergency Natural Gas Act - Authorizes the President to declare natural gas emergencies where severe natural gas shortages threaten the supply of natural gas for high-priority uses in areas of the United States. Authorizes the President to order transfers of supplies of interstate natural gas from one pipeline to another or order the construction and operation of additional facilities, to alleviate natural gas shortages. Stipulates that no such delivery or transportation may continue after April 30, 1977.
Stipulates that such transfers as ordered by the President shall not subject the pipeline to regulation under the Natural Gas Act or other provisions of State or Federal law. Establishes procedures for enforcement of orders issued under this Act. Establishes criteria for compensation of pipelines for compliance with such orders.
Exempts activities pursuant to this Act from the antitrust law.
Authorizes the President to require contracts for purchases of emergency supplies of natural gas before August 1, 1977. Stipulates that such transactions shall be exempt from Federal Power Commission regulation under the Natural Gas Act.
Imposes civil and criminal penalties for violations of orders issued under this Act.
Public law 95-2.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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