A bill to amend the Interstate Commerce Act to reform and improve regulation of the transportation of oil by pipeline, and for other purposes.
Oil Pipeline Regulatory Reform Act of 1985 - Amends the Department of Energy Organization Act to repeal provisions transferring to the Secretary of Energy or the Federal Energy Regulatory Commission certain functions of the Interstate Commerce Commission (ICC) relating to the transportation of oil by pipeline. Transfers to the Federal Energy Regulatory Commission such functions relating to the transportation of oil by pipeline as were carried out by the Secretary of Energy or the ICC before enactment of such Act.
Amends the Interstate Commerce Act to delete provisions requiring common carriers to establish just and reasonable rates, fares, and charges.
Deletes provisions: (1) requiring the ICC to investigate forthwith the lawfulness of a rate, fare, or charge upon the filing of a petition by a concerned carrier; and (2) empowering the ICC to issue cease and desist orders regarding rates, fares, and charges.
Repeals provisions requiring the ICC to establish just divisions of joint fares, rates, or charges.
Prohibits any State or interstate agency from reviewing, prescribing, suspending, or regulating the rates or charges of any common carrier for transportation of oil by pipeline in interstate commerce.
Introduced in House
Introduced in House
Referred to House Committee on Energy and Commerce.
Referred to House Committee on Public Works and Transportation.
Referred to Subcommittee on Fossil and Synthetic Fuels.
Executive Comment Requested from Justice, DOT, ICC, OMB, FTC, FERC.
Referred to Subcommittee on Surface Transportation.
Executive Comment Received From FERC.
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