Special Energy Prosecution Act of 1979

Special Energy Prosecution Act of 1979 - Establishes an independent Office of Special Prosecution within the Executive Branch, to be headed by a presidentially-appointed Special Prosecutor, with jurisdiction to investigate and prosecute any violations of any provisions of, or regulations promulgated under, the Emergency Petroleum Allocation Act of 1973, of all other Federal laws governing and relating to energy prices and imported crude oil and refined petroleum product purchases and sales, of the Federal Trade Commission Act, the Sherman Antitrust Act, and the Clayton Antitrust Act.

Directs the Special Prosecutor to limit his investigations, audits, reviews, and prosecutions to activities of the major oil companies.

Authorizes the Special Prosecutor to take any necessary actions to perform the functions of the Office of Special Prosecution, including activities such as: (1) instructing the Federal Bureau of Investigation and other investigative agencies on the collection and delivery of information and evidence; (2) conducting proceedings before grand juries; (3) conducting and arguing appeals in the United States Supreme Court; (4) conducting civil and criminal litigation; and (5) contesting the assertion of executive privilege.

Terminates the Office two years after the confirmation of the appointment of the Special Prosecutor.

Directs the Special Prosecutor to report annually to the President, Congress and appropriate Executive agencies.

Sets forth an expedited review procedure with respect to motions challenging the validity of any provision of this Act.