Special Prosecution of Petroleum Pricing Violations Act of 1979

Special Prosecution of Petroleum Pricing Violations Act of 1979 - Establishes an independent Office of Special Prosecution, to be headed by a Special Prosecutor appointed by the President, with exclusive jurisdiction to investigate and prosecute violations of any provision of, or regulation promulgated under, the Emergency Petroleum Allocation Act of 1973.

Authorizes the Special Prosecutor to take necessary actions to perform such function, including specified activities, such as: (1) conducting civil and criminal litigation in any court; (2) instructing the Federal Bureau of Investigation and other investigative agencies with respect to information and evidence; and (3) contesting the assertion of executive privilege.

Directs the Special Prosecutor to report annually to the President and Congress. Sets forth an expedited review procedure with respect to motions challenging the validity of any provision of this Act. Terminates the Office three years after appointment of the Special Prosecutor.