Federal Energy Administration Authorization Act

Federal Energy Administration Authorization Act - Amends the Federal Administration Act of 1974 to authorize appropriations to the Federal Energy Administration for fiscal years 1977 and 1978 . Imposes restrictions on the use of funds which are designated for specified purposes.

Amends the Energy Policy and Conservation Act to increase the amount authorized to be appropriated to the Federal Energy Administrator from $700,000 to $1,556,000 in fiscal year 1977 and from $700,000 to $1,736,000 in fiscal year 1978 to carry out various energy conservation programs under such Act.

Amends the Energy Policy and Conservation Act to authorize the appropriation of funds for the acquisition of petroleum products for storage in the Strategic Petroleum Reserve.

Stipulates that such funds shall be in an amount as necessary to increase the Reserve to a maximum of five million barrels.

Amends the Energy Conservation and Production Act to authorize appropriations for fiscal years 1977 and 1978 for the energy conservation and renewable resource obligation guarantee program under such Act.

Extends the Federal Energy Administration Act of 1974 through September 30, 1978. Amends the Energy Supply and Environmental Coordination Act of 1974 to extend the coal conversion and allocation authority under such Act through December 31, 1978.