Federal Energy Administration Authorization Act

Federal Energy Administration Authorization Act - Amends the Federal Energy Administration Act of 1974 to authorize appropriations for fiscal years 1977 and fiscal year 1978 for specified organizational entities within the Administration. Imposes restrictions and limitations on the use of funds authorized by this Act.

Amends the Energy Policy and Conservation Act to increase the appropriations authorizations for fiscal years 1977 and 1978 for energy conservation and efficiency improvement programs under such Act. Authorizes additional appropriations to assist in petroleum reserves shortage programs.

Amends the Energy Conservation and Production Act to authorize appropriations for fiscal years 1977 and 1978 for energy conservation and renewable-resource obligation guarantees.

Extends the Federal Energy Administration Act of 1974 until September 30, 1978.

Amends the Energy Supply and Environmental Coordination Act of 1974 to extend the coal conversion and allocation authority of the Federal Energy Administrator until December 31, 1978.

Amends the Federal Energy Administration Act of 1974 to establish procedures governing the use of commercial standards by the Federal Energy Administrator in proposed rules, regulations, or other activities. Directs the Administrator to establish regulations to eliminate, avoid, or mitigate conflicts-of-interest in Agency contracting procedures.