Emergency Petroleum Allocation Extension Act of 1974: Hearing Before the Committee on Interior and Insular Affairs, United States Senate, Pursuant to S. Res. 45, the National Fuels and Energy Policy Study, Ninety-third Congress, Second Session, on S. 3717, a Bill to Extend the Emergency Petroleum Allocation Act of 1973, July 31, 1974
U.S. Government Printing Office, 1974 - 338 ページ
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action additional Administration allocation program Association authority average barrels base believe branded capacity cents Chairman coal committee companies competitive concerned Congress consumer continue controls cost crude oil demand develop distribution domestic economic effect Emergency Petroleum Allocation energy England exemption exist extension fact February Federal foreign gasoline give going hearings heating higher impact imports increase independent independent marketers independent refiners indicated industry interest July legislation major Mandatory Allocation Marathon million MONTGOMERY months operators percent period Petroleum Allocation Act petroleum products position present President price controls problem profits proposed question reason refiners refinery regulations Report residual fuel oil result Senator FANNIN Senator METZENBAUM share shortages situation statement substantial supply Thank thing tion Union United
78 ページ - States and direct him to exercise specific temporary authority to deal With shortages of crude oil, residual fuel oil, and refined petroleum products or dislocations in their national distribution system. The authority granted under this chapter shall be exercised for the purpose of minimizing the adverse impacts of such shortages or dislocations on the American people and the domestic economy.
78 ページ - EPAA which are as follows: (a) protection of public health, safety, and welfare (including maintenance of residential heating, such as individual homes, apartments, and similar occupied dwelling units) , and the national defense; (b) maintenance of all public services (including facilities and services provided by municipally, cooperatively, or investor owned utilities or by any State or local government or authority, and including transportation facilities and services which serve the public at...
5 ページ - ... the use of the same date in the computation of markup, margin, and posted price for all marketers or distributors of crude oil, residual fuel oil and refined petroleum products at all levels of marketing and distribution.
232 ページ - ... Register of the rule as adopted. See 5 USC § 553. The Board asks us to hold that it has discretion to promulgate new rules in adjudicatory proceedings, without complying with the requirements of the Administrative Procedure Act. The rule-making provisions of that Act, which the Board would avoid, were designed to assure fairness and mature consideration of rules of general application.
5 ページ - ... residual fuel oil, and refined petroleum products in a manner which results in making available crude oil, residual fuel oil, or refined petroleum products to any person whose use of fuels other than crude oil, residual fuel oil, and refined petroleum products has been curtailed by, or pursuant to a plan filed in compliance with, a rule or order of a Federal or State agency...
35 ページ - The purpose of this Act is to grant to the President of the United States and direct him to exercise specific temporary authority to deal with shortages of crude oil, residual fuel oil, and refined petroleum products or dislocations in their national distribution system. The authority granted under this Act shall be exercised for the purpose of minimizing the adverse impacts of such shortages or dislocations on the American people and the domestic economy.
7 ページ - The authority to issue and enforce orders and regulations under this title expires at midnight April 30, 1973, but such expiration shall not affect any action or pending proceedings, civil or criminal, not finally determined on such date, nor any action or proceeding based upon any act committed prior to May 1, 1973.
8 ページ - Act of 1970 in effect immediately prior to the effective date of the regulation promulgated under section 4(a) of this Act, shall continue in effect until modified pursuant to this Act. (b) The regulation under section 4 and any order issued thereunder shall preempt any provision of any program for the allocation of crude oil, residual fuel oil, or any refined petroleum product established by any State or local government if such provision is in conflict with such regulation or any such order.
79 ページ - ... preservation of an economically sound and competitive petroleum industry; including the priority needs to restore and foster competition in the producing refining, distribution, marketing, and petrochemical sectors of such industry, and to perserve the competitive viability of independent refiners, small refiners, nonbranded independent marketers, and branded independent marketers...
4 ページ - For the purpose of this section, the term "refiner" shall not include any refiner whose total refinery capacity ( including the refinery capacity of any person who controls, is controlled by, or is under common control with, such refiner) does not exceed 65,000 barrels per day. For purposes of this section, "control" of a corporation means ownership of more than 50 percent of its stock.