A bill to require the President to take all necessary action to strictly enforce the regulation promulgated under section 4 of the Emergency Petroleum Allocation Act of 1973 and all orders issued under such Act.

Directs the President to take all necessary action to enforce price regulations and all orders issued under the Emergency Petroleum Allocation Act of 1973. Directs the Federal Trade Commission to monitor actions taken by the President or his delegate to enforce such regulations and orders.