bill_id,congress,bill_type,bill_number,title,policy_area,introduced_date,latest_action_date,latest_action_text,origin_chamber,sponsor_name,sponsor_state,sponsor_party,sponsor_bioguide_id,cosponsor_count,summary_text,update_date,url
93-hr-17683,93,hr,17683,Federal Oil and Gas Corporation Act,Petroleum industry,1974-12-20,1974-12-20,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Leggett, Robert L. [D-CA-4]",CA,D,L000221,0,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to: (1) explore for natural gas and oil on Federal, State, foreign, or private lands; (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sale of such resources; and (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop pursuant to payment within 60 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to arrange for refining such oil in an efficient and economical manner, and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act.  Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:50:28Z,https://www.congress.gov/bill/93rd-congress/house-bill/17683
93-hr-17480,93,hr,17480,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-11-20,1974-11-20,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Nedzi, Lucien N. [D-MI-14]",MI,D,N000019,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:39:14Z,https://www.congress.gov/bill/93rd-congress/house-bill/17480
93-hr-17141,93,hr,17141,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-10-08,1974-10-08,Referred to House Committee on Ways and Means.,House,"Rep. Brademas, John [D-IN-3]",IN,D,B000736,0,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:39:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/17141
93-hr-16930,93,hr,16930,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-30,1974-09-30,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Gaydos, Joseph M. [D-PA-20]",PA,D,G000105,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:51Z,https://www.congress.gov/bill/93rd-congress/house-bill/16930
93-hr-16818,93,hr,16818,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-24,1974-09-24,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Downing, Thomas N. [D-VA-1]",VA,D,D000474,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:50Z,https://www.congress.gov/bill/93rd-congress/house-bill/16818
93-hr-16754,93,hr,16754,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-19,1974-09-19,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,1,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:50Z,https://www.congress.gov/bill/93rd-congress/house-bill/16754
93-hr-16757,93,hr,16757,"A bill to extend the Emergency Petroleum Allocation Act of 1973 until August 31, 1975.",Petroleum industry,1974-09-19,1974-12-05,Public law 93-511.,House,"Rep. Macdonald, Torbert H. [D-MA-7]",MA,D,M000005,0,"Extends the Emergency Petroleum Allocation Act of 1973 until August 31, 1975.",2024-08-01T18:38:43Z,https://www.congress.gov/bill/93rd-congress/house-bill/16757
93-hr-16695,93,hr,16695,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-17,1974-09-17,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. McDade, Joseph M. [R-PA-10]",PA,R,M000399,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:42Z,https://www.congress.gov/bill/93rd-congress/house-bill/16695
93-s-4001,93,s,4001,A bill to exempt small independent oil producers from the Emergency Petroleum Allocation Act of 1973.,Petroleum industry,1974-09-16,1974-09-16,Referred to Senate Committee on Interior and Insular Affairs.,Senate,"Sen. Sparkman, John J. [D-AL]",AL,D,S000701,0,Provides that the authority to specify prices under the Emergency Petroleum Allocation Act of 1973 may not be exercised with respect to the price of crude oil or its derivatives produced by any small independent producer.,2025-04-23T11:41:33Z,https://www.congress.gov/bill/93rd-congress/senate-bill/4001
93-hr-16651,93,hr,16651,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-12,1974-09-12,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Nix, Robert N. C. [D-PA-2]",PA,D,N000113,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:42Z,https://www.congress.gov/bill/93rd-congress/house-bill/16651
93-hr-16603,93,hr,16603,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-09-11,1974-09-11,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,6,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:32Z,https://www.congress.gov/bill/93rd-congress/house-bill/16603
93-s-3946,93,s,3946,Petroleum Industry Anti-Competitive Practices Act,Petroleum industry,1974-08-22,1974-08-22,Referred to Senate Committee on the Judiciary.,Senate,"Sen. Packwood, Bob [R-OR]",OR,R,P000009,0,"Petroleum Industry Anti-competitive Practices Act - Makes it unlawful for any person engaged in commerce in the business of extracting crude petroleum, in transporting crude or refined petroleum by pipeline, or in refining crude petroleum to acquire any petroleum marketing asset after the date of enactment of this Act.  Makes it unlawful for any person covered by this Act to own or control any asset, the acquisition of which by him is prohibited under such sub- section, more than three years after the date of enactment of this Act. Provides that any person knowingly violating the provisions of this Act shall upon conviction be punished by a fine of not to exceed $100,000 or by imprisonment not exceeding ten years, or both, in the discretion of the court.  Provides that violation by a corporation shall be deemed to be also a violation by the individual directors, officers, receivers, trustees, or agents of such corporation who shall have authorized, ordered, or done any of the acts constituting the violation in whole or in part.",2025-09-03T12:53:23Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3946
93-hr-16510,93,hr,16510,A bill to provide for the protection of franchised dealers of petroleum products.,Petroleum industry,1974-08-21,1974-08-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Macdonald, Torbert H. [D-MA-7]",MA,D,M000005,0,"States that a refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless he furnishes prior notification in writing to such distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, not renewed, or otherwise terminated. Provides that a franchisor shall not cancel, fail to renew, or otherwise terminate a franchise unless:  (1) the retailer or distributor whose franchise is terminated fails to comply substantially with any essential and reasonable requirement of such franchise or fails to act in good faith in carrying out the terms of such franchise, or (2) such franchisor does not engage during the three-year period beginning on the date of such cancellation in the sale of refined petroleum products in commerce for sale other than resale in the State and the metropolitan area in which the franchise was located, and satisfied the court in any action under this Act that such cancellation is a product of a good faith business judgment of such franchisor. Provides that, if a refiner or distributor engages in conduct prohibited under this Act, a retailer or a distributor may maintain a suit against such refiner or distributor. Provides that the provisions of this Act will expire at midnight June 30, 1975, but that such expiration shall not affect any pending action or proceeding.",2024-08-01T18:38:33Z,https://www.congress.gov/bill/93rd-congress/house-bill/16510
93-hr-16525,93,hr,16525,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-08-21,1974-08-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,24,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:33Z,https://www.congress.gov/bill/93rd-congress/house-bill/16525
93-hr-16526,93,hr,16526,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-08-21,1974-08-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,11,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:33Z,https://www.congress.gov/bill/93rd-congress/house-bill/16526
93-hr-16427,93,hr,16427,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-08-14,1974-08-14,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Slack, John [D-WV-3]",WV,D,S000473,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:26Z,https://www.congress.gov/bill/93rd-congress/house-bill/16427
93-hr-16257,93,hr,16257,A bill to provide for the protection of franchised dealers of petroleum products.,Petroleum industry,1974-08-05,1974-08-05,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Kuykendall, Dan H. [R-TN-8]",TN,R,K000348,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise or unless such refiner or distributor withdraws entirely from the sale of petroleum products (other than crude oil) in commerce for sale other than resale in the State in which such franchise is canceled, not renewed, or otherwise terminated. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:18Z,https://www.congress.gov/bill/93rd-congress/house-bill/16257
93-hr-15930,93,hr,15930,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-07-16,1974-07-16,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Pepper, Claude [D-FL-14]",FL,D,P000218,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:09Z,https://www.congress.gov/bill/93rd-congress/house-bill/15930
93-hr-15950,93,hr,15950,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-07-16,1974-07-16,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,24,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:09Z,https://www.congress.gov/bill/93rd-congress/house-bill/15950
93-hr-15951,93,hr,15951,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-07-16,1974-07-16,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,11,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:09Z,https://www.congress.gov/bill/93rd-congress/house-bill/15951
93-hr-15905,93,hr,15905,"A bill to extend the Emergency Petroleum Allocation Act of 1973 until June 30, 1976.",Petroleum industry,1974-07-15,1974-07-15,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Macdonald, Torbert H. [D-MA-7]",MA,D,M000005,0,"Extends the Emergency Petroleum Allocation Act of 1973 until June 30, 1976, and extends the reporting requirements, with respect to energy information held by the Federal Energy Administrator, pursuant to the Energy Supply and Environmental Coordination Act of 1974.",2024-08-01T18:38:01Z,https://www.congress.gov/bill/93rd-congress/house-bill/15905
93-hr-15799,93,hr,15799,A bill to provide for protection of franchised dealters in petroleum products.,Petroleum industry,1974-07-03,1974-07-03,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Wylie, Chalmers P. [R-OH-15]",OH,R,W000781,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:38:02Z,https://www.congress.gov/bill/93rd-congress/house-bill/15799
93-hr-15751,93,hr,15751,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-07-02,1974-07-02,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Bingham, Jonathan B. [D-NY-22]",NY,D,B000472,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/15751
93-hr-15710,93,hr,15710,A bill to provide for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,Petroleum industry,1974-06-28,1974-06-28,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. St Germain, Fernand J. [D-RI-1]",RI,D,S000762,0,Provides for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,2024-08-01T18:37:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/15710
93-hr-15723,93,hr,15723,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-06-28,1974-06-28,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Jones, Ed [D-TN-7]",TN,D,J000216,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/15723
93-hr-15655,93,hr,15655,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-06-27,1974-06-27,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Conte, Silvio O. [R-MA-1]",MA,R,C000709,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/15655
93-hr-15670,93,hr,15670,A bill to provide for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,Petroleum industry,1974-06-27,1974-06-27,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Tiernan, Robert O. [D-RI-2]",RI,D,T000265,0,Provides for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,2024-08-01T18:37:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/15670
93-hr-15512,93,hr,15512,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-06-20,1974-06-20,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Hansen, Orval [R-ID-2]",ID,R,H000175,0,"Provides that a refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise, or unless such refiner or distributor withdraws entirely from the sale of refined petroleum products in commerce for sale other than resale in all States. Requires written notice of termination of a franchise to be sent by certified mail ninety days prior to the date of such termination. Provides that suit may be brought against a distributor and/or a refiner in a United States District Court for the district in which the distributor and/or refiner resides, is found, or is doing business.",2024-08-01T18:37:47Z,https://www.congress.gov/bill/93rd-congress/house-bill/15512
93-hr-15462,93,hr,15462,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-06-18,1974-06-18,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,24,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:47Z,https://www.congress.gov/bill/93rd-congress/house-bill/15462
93-hr-15463,93,hr,15463,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-06-18,1974-06-18,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,5,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:47Z,https://www.congress.gov/bill/93rd-congress/house-bill/15463
93-hr-15325,93,hr,15325,Petroleum and Petrochemical Marketing Moratorium and Divestiture Act,Petroleum industry,1974-06-11,1974-06-11,Referred to House Committee on Judiciary.,House,"Rep. Smith, Neal Edward [D-IA-4]",IA,D,S000596,3,"Petroleum and Petrochemical Marketing Moratorium and Divestiture Act - States that it shall be unlawful for any person or business association engaged in the refining of petroleum products whose aggregate gross sales from any source exceeded $1,000,000,000 during the previous year or any preceding year to: (1) acquire, operate, or control, either directly or indirectly, any wholesale or retail outlet for the marketing of petroleum products which was not acquired, operated, or controlled by such person or an affiliate on the effective date of this Act; or (2) engage in petroleum marketing or petrochemical marketing, either directly or indirectly, after the expiration of five years from the effective date hereof. States that whoever knowingly violates the provisions of this Act shall upon conviction be punished by a fine of not to exceed $100,000 or by imprisonment not exceeding five years, or by both such fine and imprisonment.",2025-09-03T12:49:05Z,https://www.congress.gov/bill/93rd-congress/house-bill/15325
93-hr-15274,93,hr,15274,A bill to provide for the protection of franchised dealers of petroleum products.,Petroleum industry,1974-06-06,1974-06-06,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Gonzalez, Henry B. [D-TX-20]",TX,D,G000272,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise, or unless such refiner or distributor withdraws entirely from the sale of petroleum products (other than crude oil) in commerce for sale other than resale in the United States. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:37:41Z,https://www.congress.gov/bill/93rd-congress/house-bill/15274
93-hr-14924,93,hr,14924,A bill to provide for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,Petroleum industry,1974-05-21,1974-05-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Peyser, Peter A. [R-NY-23]",NY,R,P000280,0,Provides for the reimbursement of regulated public utility companies engaged in the sale of electric power at the retail level for any amount expended for residual fuel oil which is more than $7.50 a barrel.,2024-08-01T18:37:29Z,https://www.congress.gov/bill/93rd-congress/house-bill/14924
93-hr-14816,93,hr,14816,Emergency Fuel Tax Suspension Act,Petroleum industry,1974-05-15,1974-05-15,Referred to House Committee on Ways and Means.,House,"Rep. Quillen, James H. (Jimmy) [R-TN-1]",TN,R,Q000013,0,"Emergency Fuel Tax Suspension Act - Suspends the excise tax on diesel and special motor fuels during the 180-day period beginning on the day following the date of enactment of this Act. Directs the President to specify a ceiling price for diesel fuel and special motor fuels at levels prevailing on January 15, 1974, less an amount per gallon equal to the amount by which excise taxes were suspended with respect to such products under this Act.  States that such ceiling price shall be in effect for the 180-day period beginning on the day following the date of the enactment of this Act.",2025-09-03T12:48:52Z,https://www.congress.gov/bill/93rd-congress/house-bill/14816
93-hr-14625,93,hr,14625,Federal Oil and Gas Corporation Act,Petroleum industry,1974-05-07,1974-05-07,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Hanley, James M. [D-NY-32]",NY,D,H000158,0,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands;  (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and  (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act. Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:48:43Z,https://www.congress.gov/bill/93rd-congress/house-bill/14625
93-hr-14462,93,hr,14462,Oil and Gas Energy Tax Act,Petroleum industry,1974-04-30,1974-06-10,"Reported to House from the Committee on Ways and Means, H. Rept. 93-1028 (Part II).",House,"Rep. Mills, Wilbur D. [D-AR-2]",AR,D,M000778,1,"Oil and Gas Energy Tax Act - Title I:  Tax Treatment of Domestic Oil and Gas Production - Imposes, under the Internal Revenue Code, an excise tax on the windfall profits from domestic crude oil removed from the premises.  Prescribes the procedure for calculating the amount of such tax, allowing a plowback credit against such tax.  Defines the terms used, including ""windfall profit,"" and sets forth special rules governing this Act.  Provides an exemption from the tax where a tax-exempt organization is prohibited from plowing back. Requires:  (1) each person liable for the tax,  (2) each partnership, trust, or estate producing domestic crude oil,  (3) each purchaser of domestic crude oil, and  (4) each operator of a well producing domestic crude oil; to keep records and returns with respect to such oil.  Prescribes the time for filing a return of the windfall profits tax.  Requires the purchaser of domestic crude oil to furnish, to the person liable for the tax, a monthly statement of specified costs, amounts, and prices. Imposes criminal penalties on persons willfully failing to furnish information required under this Act. Requires that specified information be furnished to partners and beneficiaries of estates and trusts. Provides for a phase-out of the percentage depletion for domestic oil and gas production.  Permits a taxpayer to elect (1) the 3,000 barrel-a-day exemption;  (2) the stripper well exemption; or  (3) the Arctic Circle exemption.  Provides an exemption for regulated natural gas and natural gas sold under fixed contract.  Prescribes special rules governing geothermal energy. Provides that, in the case of oil and gas wells, the tax treatment which applies to the taxpayer's intangible drilling and development costs shall also apply to his domestic geological and geophysical costs. Outlines the rules governing the treatment, for purposes of the investment credit, of specified property used in international or territorial waters. Title II:  Tax Treatment of Foreign Oil and Gas Production - Repeals the percentage depletion for foreign oil and gas wells. Sets limits on the foreign taxes attributable to foreign oil and gas extraction income.  Provides for the separate computation of foreign tax credit for oil and gas related income.  Provides for the denial of Domestic International Services Corporation benefits with respect to energy resources.  Sets forth the rules governing the imposition of quantitative limitations, duties, taxes, or fees on the importation of petroleum and its products.  Sets forth the effective dates of this Act.",2025-09-03T12:48:41Z,https://www.congress.gov/bill/93rd-congress/house-bill/14462
93-hr-14488,93,hr,14488,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from such well.",Petroleum industry,1974-04-30,1974-04-30,Referred to House Committee on Ways and Means.,House,"Rep. Vanik, Charles A. [D-OH-22]",OH,D,V000047,9,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:37:11Z,https://www.congress.gov/bill/93rd-congress/house-bill/14488
93-hr-14404,93,hr,14404,Consumer Energy Act,Petroleum industry,1974-04-25,1974-04-25,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Luken, Thomas A. [D-OH-1]",OH,D,L000508,0,"Consumer Energy Act - Title I;  Natural Gas and Oil Regulatory Reform - Declares it to be the policy of Congress to apply uniform economic regulations to both natural gas and oil production to assure adequate supplies and availability at reasonable prices. Exempts a small producer from the provisions of this Act for an initial period of 5 years from the date of enactment of this Act.  Provides that the Federal Power Commission may by regulation require any such producer to prepare and submit to it such information as the Commission determines to be necessary. Authorizes the Commission to exempt from the provisions of this Act any transportation or sale of natural gas or oil in interstate commerce with respect to any State which establishes and maintains an adequate program of regulation within such State of such transportation and sale in accordance with this Act. Requires the Commission, in a rulemaking proceeding, to establish on or before February 1, 1976, and annually thereafter to revise a national area rate for production within the United States of natural gas and  oil.  Requires the Commission to establish adjustments to the national area rate for each major producing region to reflect differences in production costs, State taxation, and similar costs. States that each new producer contract shall be filed by the producer with the Commission within 30 days of its execution. Authorizes the Commission, after notice, hearing, and opportunity for public comment, to allocate natural gas among pipelines. Disallows authorization of appropriations for the Commission until either the Chairman of the Committee on Interstate and Foreign Commerce of the House of Representatives or the Chairman of the Committee on Commerce of the Senate certifies that a comprehensive oversight investigation and hearing into and evaluation of the operations and effectiveness of the Commission has been conducted by a committee. Directs the Commission, so far as practicable, to secure and keep current information with respect to:  (1) the ownership, operation, management, and control of any facility for the transportation or sale of natural gas or oil;  (2) the total estimated reserves and resources of natural gas and oil of the United States (including the Outer Continental Shelf), the current production therefrom of natural gas and oil, and the ratio of such reserves and resources to the level of current production;  (3) the cost of the transportation and sale of natural gas and oil, by company, nation, and type of activity; and  (4) the current and projected schedule, by company, nation, and type, of capital expenditures dedicated to the exploration and development of reserves and resources of natural gas and oil in the United States, or the Outer Continental Shelf, and elsewhere throughout the world. Requires the Commission to assemble lists of major companies and other companies, agencies, institutions, and associations required to report under this section and to prepare, print, and mail to them forms to be used in compiling such reports. Provides that it shall be the duty of every major company to report annually to the Commission on its assets and operations, worldwide, on an establishment basis. Establishes penalties for failing to furnish information as may be requested by the Commission. Title II:  Emergency Interim Relief For Consumers of Oil - Provides that, immediately upon the enactment of this title, the President shall issue an order to establish a ceiling on prices of crude oil and petroleum products at levels not to exceed the highest price levels for each such commodity prevailing during the 14-day period that ended January 19, 1974. Requires that, not later than 30 days after the date of enactment of this title, the President shall issue an order rolling back prices of crude oil and all petroleum products to levels not to exceed the highest price levels for each such commodity prevailing during the 7-day period that ended December 1, 1973. Allows the President, after notice and an opportunity for the submission of written and oral views and comments by interested parties, to grant specific exceptions from the rollback to compensate for any increased costs incurred for crude oil and petroleum products produced or refined outside the United States, but such exceptions shall in no event allow more than a passthrough for increases in the costs of such commodities. Title III:  Federal Oil and Gas Corporation - Establishes the Federal Oil and Gas Corporation. Empowers such Corporation to:  (1) explore for natural gas and oil on Federal, State, or foreign lands;  (2)  make available to the general public such geological and geophysical information as it acquires in the course of its activities;  (3) develop and produce natural gas and oil from reserves on Federal, State, or foreign lands which it has located;  (4) produce from reserves which it has developed or acquired such amounts of natural gas and oil as are necessary or appropriate to meet the needs of the citizens and commerce of the United States for these energy sources; and  (5) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, which are subject to such Secretary's jurisdiction and control, to the Corporation. States that the Corporation shall build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to arrange for refining of such oil in an efficient and economical manner. Authorizes appropriations to the Corporation for the fiscal year ending June 30, 1975, and for each of the next 10 succeeding fiscal years of $50,000,000 for carrying out the provisions of this section. Title IV:  Equal Treatment for Small Producers of Oil and Gas - Provides that whenever the Commission, after notice and opportunity for hearing, finds such action necessary or desirable in the public interest, it may by order direct an oil pipeline company to extend or improve its transportation or storage facilities, and to establish a physical connection of its transportation or storage facilities with the facilities of any person engaged or legally authorized to engage in the refining or distribution of oil, if the Commission finds that such a facility extension would not impair the oil pipeline company's ability to render adequate service to its customers. Prohibits an oil pipeline company from abandoning all or any portion of its facilities subject to the jurisdiction of the Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission. Makes it unlawful for any oil pipeline company subject to the provisions of this Act and engaged in the transportation of crude oil or petroleum products to fail to provide any shipper of oil or petroleum products (who meets minimum tender requirements) with access or exit storage or terminal facilities at any origin or destination point. States that any oil pipeline company subject to this title that knowingly violates the provisions of this section, or aids or abets therein, shall, upon conviction thereof in any district court of the United States within the jurisdiction of which such offense was committed, be fined not more than $150,000, or imprisoned not more than 5 years, or both. Provides that noncompliance with any provision of this Act, any term or condition of a certificate of public convenience and necessity, or any applicable rule of the Commission may be grounds for suspension or termination of the certificate of public convenience and necessity. Directs the Federal Trade Commission (FTC) to prepare and submit to Congress, within 12 months, a report regarding its conclusions with respect to requiring the divestiture of oil pipelines from ownership or control by any oil company which has assets of $1,000,000,000 or more together with a determination of the impact of such action upon small producers and consumers of oil and petroleum products. Title V:  Fair Treatment for Retailers of Petroleum Products - Prohibits a refiner or distributor from canceling, failing to renew, or otherwise terminating a franchise unless such refiner or distributor has furnished a notice of intent to each distributor or retailer affected thereby. Title VI:  Termination of Wasteful Rate Structures - Requires that commencing on January 1, 1975, and continuing until the removal of all rate differences which are based either on:  (1) the quantity of natural gas or oil sold; or  (2) any distinctions between domestic, commercial, industrial, or any other such category of use; all changes in the rates or charges made, demanded, or received by any natural gas or oil company for or in connection with the transportation or sale of natural gas or oil shall be such as to decrease or remove differences in such rates and charges based either on quantity sold or distinctions between categories of use.",2025-09-03T12:48:38Z,https://www.congress.gov/bill/93rd-congress/house-bill/14404
93-hr-14343,93,hr,14343,A bill to amend the Emergency Petroleum Act of 1973 to require the President to roll back prices for crude oil and petroleum products.,Petroleum industry,1974-04-24,1974-04-24,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Eckhardt, Bob [D-TX-8]",TX,D,E000035,8,"Requires the President within 30 days after enactment of this Act to establish maximum prices for crude oil, residual fuel oil, or any refined petroleum product at levels of November 1, 1973 base prices. Allows exceptions to such prices to allow passthrough of costs. Disallows excessive profits on such products. Disallows specification of prices under the Economic Stabilizaiton Act for first sale of new crude oil produced from United States property by qualified producers.",2024-08-01T18:37:02Z,https://www.congress.gov/bill/93rd-congress/house-bill/14343
93-hr-14183,93,hr,14183,A bill to amend the Internal Revenue Code of 1954 to provide that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country.,Petroleum industry,1974-04-10,1974-04-10,Referred to House Committee on Ways and Means.,House,"Rep. Ruppe, Philip E. [R-MI-11]",MI,R,R000512,0,"Provides, under the Internal Revenue Code of 1954, that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country. Provides that such denial of credit shall not apply where its application would be contrary to any treaty ratified after the enactment of this Act.",2024-08-01T18:36:59Z,https://www.congress.gov/bill/93rd-congress/house-bill/14183
93-hr-14068,93,hr,14068,Fuel Oil Marker - Dye Act,Petroleum industry,1974-04-09,1974-04-09,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. McClory, Robert [R-IL-13]",IL,R,M000340,0,"Fuel Oil Marker-Dye Act - Provides that no person shall purchase or use any number 1 fuel oil or number 2 fuel oil which is marked in accordance with the provisions of this Act for the purpose of providing fuel, which makes it subject to tax under the Internal Revenue Code (relating to imposition of tax on diesel fuel) for any diesel-powerered highway vehicles. Requires any person who sells or distributes number 1 fuel oil or number 2 fuel oil to provide for the marking of such fuel oil in accordance with rules which the Administrator shall prescribe under this Act, except that such fuel oil shall not be marked if such fuel oil is to be used in a manner which makes it subject to such tax under the Internal Revenue Code. Gives the Federal Energy Office Administrator powers of inspection on business premises, in storage tanks, and in vehicles to determine compliance with this Act.",2025-09-03T12:48:23Z,https://www.congress.gov/bill/93rd-congress/house-bill/14068
93-hr-14042,93,hr,14042,A bill to provide for the regulation of oil companies.,Petroleum industry,1974-04-08,1974-04-08,Referred to House Committee on Judiciary.,House,"Rep. O'Brien, George M. [R-IL-17]",IL,R,O000010,0,"Provides that any company doing business in the United States selling products derived from crude oil, or exploring for or pumping crude oil, shall be subject to the following:  (1) no company whose primary purpose is the recovering from the earth any petroleum product or the selling of any petroleum product or any product derived from petroleum shall own or control any fissionable material deposits or deposits of any fossil fuel not in liquid  or gaseous form; (2) within ninety days after the date of the enactment of this Act, any compnay whose primary purpose is recovering or selling (wholesale or retail) any product derived from crude oil or petroleum shall divest itself of same by sale, trade, or barter and, aftersuch divestiture, refrain from any attempt to acquire, own, or control any fissionable material deposits or deposits of any fossil fuel not in liquid or gaseous form; (3) no person or group of persons shall simultaneously serve on the board of directors or receive a salary, stipend, or money from stocks from more than one oil company; and (4) no company which pumps or refines crude oil shall engage in retail sales of any product refined from or made from crude petroleum or natural gas.",2024-08-01T18:36:48Z,https://www.congress.gov/bill/93rd-congress/house-bill/14042
93-s-3318,93,s,3318,Free Enterprise in Petroleum Act,Petroleum industry,1974-04-05,1974-04-05,Referred to Senate Committee on Judiciary.,Senate,"Sen. Nelson, Gaylord [D-WI]",WI,D,N000033,1,"Free Enterprise in Petroleum Act - Recites findings by Congress concerning the applicability of the Interstate Commerce Act to the petroleum industry.  Finds that it is essential to reorganize the petroleum industry in such a manner as to make possible effective policy decisions while at the same time protecting the interests of investors. Defines the terms used in this Act, including ""refinery"", ""affiliate"", and ""independent refiner"". Prohibits, under the Interstate Commerce Act, any common carrier pipeline from transporting crude oil, other liquid hydrocarbons, or finished products, if the commodity transported is owned by the pipeline or any affiliate. Prohibits any company operating a refinery, other than an independent refiner, from owning or controlling any interest in exploration for, development of or production of crude oil or other liquid hydrocarbons, including synthetics. Forbids any company operating a refinery, other than an independent refiner, from owning, controlling or operating facilities for the sale of finished products, other than those facilities necessary for the sale of products directly from the the refinery. Empowers the Securities and Exchange Commission to receive and consider divestment plans filed by integrated companies and to approve the plan and direct its implementation. Permits companies otherwise subject to the prohibitions of this Act to continue operations for one year prior to the filing of an appropriate divestment plan with the Securities and Exchange Commission, and thereafter during the period required for the consideration, approval and implementation of such a plan by the Commission. Imposes penalties for the violation of this Act to consist of a forfeiture of $5,000 for each day a company is in violation.",2025-09-03T12:52:53Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3318
93-hr-13892,93,hr,13892,Federal Oil and Gas Corporation Act,Petroleum industry,1974-04-02,1974-04-02,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Minish, Joseph G. [D-NJ-11]",NJ,D,M000796,0,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands;  (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and  (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act. Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:48:18Z,https://www.congress.gov/bill/93rd-congress/house-bill/13892
93-hr-13837,93,hr,13837,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-04-01,1974-04-01,Referred to House Committee on Ways and Means.,House,"Rep. Anderson, Glenn M. [D-CA-35]",CA,D,A000189,0,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:46Z,https://www.congress.gov/bill/93rd-congress/house-bill/13837
93-hr-13868,93,hr,13868,Petroleum Product Price Regulation Act,Petroleum industry,1974-04-01,1974-04-01,Referred to House Committee on Banking and Currency.,House,"Rep. Walsh, William F. [R-NY-33]",NY,R,W000107,0,"Petroleum Product Price Regulation Act - Establishes an independent regulatory commission to be known as the Federal Petroleum Commission, consisting of 3 Commissioners appointed by the President, by and with the advice and consent of the Senate, one of whom shall be designated by the President as Chairman. Provides that the Chairman, subject to the approval of the Commission, shall appoint an Executive Director and a General Counsel and may employ such other officers and employees as are necessary in the execution of the Commission's functions. Declares that the Commission shall establish maximum prices for each sale in the United States of a refined petroleum product by a major oil company.  States that prices for sales of refined petroleum products by a major oil company shall be established by the Commission so that the aggregate revenues from such sales in each accounting period shall be equal to the sum of allowable operating costs for such period and a fair return on investment in domestic refining and distribution assets of such company during such period. Directs that domestic refining and distribution assets of a major oil company shall be determined by the Commission and shall be based on the value of assets of the company in the United States to the extent such assets are used or usable for purposes of refining, distributing, or selling refined petroleum products which are sold in the United States. Declares that no major oil company may sell any refined petroleum product at a price which exceeds the maximum price for such product established under this Act. Provides a civil penalty of not more than $20,000 and criminal penalties of not more than $20,000 or imprisonment for not more than 1 year or both, for each violation of this Act.",2025-09-03T12:48:18Z,https://www.congress.gov/bill/93rd-congress/house-bill/13868
93-hr-13783,93,hr,13783,Energy Accounting Investigations Act,Petroleum industry,1974-03-27,1974-03-27,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Reid, Ogden R. [D-NY-24]",NY,D,R000150,12,"Energy Accounting Investigations Act - Declares that the Congress reiterates the continuing commitment of the United States to the goal of a free enterprise economy which functions fairly and efficiently with a minimum of Government interference. Defines the terms used in this Act.  Defines the term ""energy industries"" as meaning the following lines of commerce:  (1) production of mineral fuels; (2) refining or otherwise processing mineral fuels for use as a source of energy; (3) transportation of mineral fuels by rail, motor vehicle, water, pipeline, or otherwise; (4) electrical power generation and transmission; or (5) wholesale or retail distribution or sale of mineral fuels or electrical energy. Defines the term ""production"" as meaning the development of oil lands or oil shale lands within any State, the extraction of crude petroleum or oil shale, and the storage of crude petroleum on or in such lands. Requires the Federal Trade Commission to determine:  (1) the extent to which competition among persons engaged in the provision of accounting services is abridged with relation to the provision of such services to the major oil companies; (2) the nature of the practices of persons engaged in the provision of accounting services to the major oil companies and the extent to which such practices work to the disadvantage of the general or investing public; (3) the extent to which those persons engaged in the provision of accounting services to the major oil companies fulfill their primary duty of ""presenting fairly"" the conditions of the firms they audit, as defined by the United States Court of Appeals; and (4) the nature and extent to which persons engaged in the provision of accounting services to the major oil companies serve as information conduits between persons involved in the energy industries. Requires that, no later than nine months after the date of enactment of this Act, the Federal Trade Commission shall prepare and submit to Congress and the President a report containing all information gathered under this Act, and such report shall be available for public inspection and for copying purposes. Declares that beginning one year after the date of enactment of this Act, the Federal Trade Commission shall take such steps as shall be necessary to:  (1) remove anticompetitive barriers existing in the fields of auditing, tax servicing, and consulting with and for the major oil companies; and (2) promote fair and ethical standards in the relationships between persons engaged in the provision of the accounting services and their clients in the energy industries. Requires all integrated major oil companies, beginning one year after enactment of this Act, to file on an annual basis with the Federal Trade Commission economic and financial reports for each of the levels of operation with which they may be involved. Provides for the enforcement of this Act.  Directs the Federal Trade Commission and the Attorney General of the United States or his designee to examine the activities of those persons engaged in the provision of accounting services as those services relate to the business of major oil companies. Provides that the Federal Trade Commission and the Attorney General of the United States or his designee, together or independently, shall institute suits in the district courts of the United States requesting the issuance of such relief as is appropriate under this Act to insure compliance with this Act. Provides for penalties for violations of the provisions of this Act. States that a violation by a corporation shall also be deemed to be a violation by the individual directors, officers, receivers, trustees, or agents of such corporation who shall have authorized, ordered, or done any of the act constituting the violation in whole or part, or who shall have omitted to authorize, order, or do any acts which would terminate, prevent, or correct conduct violative of this Act.",2025-09-03T12:48:17Z,https://www.congress.gov/bill/93rd-congress/house-bill/13783
93-hr-13739,93,hr,13739,Petroleum Industry Antitrust Act,Petroleum industry,1974-03-26,1974-03-26,Referred to House Committee on the Judiciary.,House,"Rep. Tiernan, Robert O. [D-RI-2]",RI,D,T000265,0,"Petroleum Industry Antitrust Act - Provides that, after the expiration of the five-year period commencing on the date of the enactment of this Act, it shall be unlawful for any company engaged in the production or refining of petroleum products for commerce to engage in the marketing of petroleum products in commerce or to own or control any company engaged in the marketing of petroleum products in commerce.",2025-09-03T12:48:16Z,https://www.congress.gov/bill/93rd-congress/house-bill/13739
93-hr-13670,93,hr,13670,A bill to provide for protection of franchised dealers in petroleum products.,Petroleum industry,1974-03-21,1974-03-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,0,"Prohibits a petroleum refiner or distributor from cancelling, failing to renew, or otherwise terminating a franchise unless he furnishes notification in writing to each affected distributor or retailer by certified mail not less than ninety days prior to the date on which such franchise will be canceled, together with a statement of the reasons of such cancellation and of the remedies available. Provides that a petroleum refiner or distributor shall not cancel, fail to renew, or otherwise terminate a franchise unless the retailer or distributor whose franchise is terminated failed to comply substantially with any essential and reasonable requirement of such franchise or failed to act in good faith in carrying out the terms of such franchise. States that if a refiner or distributor engages in conduct prohibited under this Act, a retailer or distributor may maintain a suit against such refiner or distributor.",2024-08-01T18:36:34Z,https://www.congress.gov/bill/93rd-congress/house-bill/13670
93-hr-13680,93,hr,13680,"A bill to amend the Internal Revenue Code of 1954 to provide that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country, and to eliminate the percentage depletion allowance in the case of any such well.",Petroleum industry,1974-03-21,1974-03-21,Referred to House Committee on Ways and Means.,House,"Rep. Tiernan, Robert O. [D-RI-2]",RI,D,T000265,4,"Requires, under the Internal Revenue Code of 1954, that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country.  Eliminates the percentage depletion allowance in the case of any such well presently authorized under such Code.",2024-08-01T18:36:38Z,https://www.congress.gov/bill/93rd-congress/house-bill/13680
93-hr-13496,93,hr,13496,Emergency Fuel Tax Suspension Act,Petroleum industry,1974-03-14,1974-03-14,Referred to House Committee on Ways and Means.,House,"Rep. Gunter, Bill [D-FL-5]",FL,D,G000528,13,"Emergency Fuel Tax Suspension Act - Suspends the excise tax on diesel and special motor fuels during the 180-day period beginning on the day following the date of enactment of this Act. Directs the President to specify a ceiling price for diesel fuel and special motor fuels at levels prevailing on January 15, 1974, less an amount per gallon equal to the amount by which excise taxes were suspended with respect to such products under this Act.  States that such ceiling price shall be in effect for the 180-day period beginning on the day following the date of the enactment of this Act.",2025-09-03T12:48:08Z,https://www.congress.gov/bill/93rd-congress/house-bill/13496
93-hr-13526,93,hr,13526,A bill to amend the Emergency Petroleum Allocation Act of 1973 to roll back the price of propane gas.,Petroleum industry,1974-03-14,1974-03-14,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Taylor, G. [R-MO-7]",MO,R,T000075,2,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:34Z,https://www.congress.gov/bill/93rd-congress/house-bill/13526
93-hr-13527,93,hr,13527,A bill to amend the Emergency Petroleum Allocation Act of 1973 to roll back the price of propane gas.,Petroleum industry,1974-03-14,1974-03-14,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Thone, Charles [R-NE-1]",NE,R,T000234,0,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:26Z,https://www.congress.gov/bill/93rd-congress/house-bill/13527
93-hr-13478,93,hr,13478,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development cost, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-03-13,1974-03-13,Referred to House Committee on Ways and Means.,House,"Rep. Vanik, Charles A. [D-OH-22]",OH,D,V000047,8,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:30Z,https://www.congress.gov/bill/93rd-congress/house-bill/13478
93-hr-13381,93,hr,13381,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-03-12,1974-03-12,Referred to House Committee on Ways and Means.,House,"Rep. Bingham, Jonathan B. [D-NY-22]",NY,D,B000472,0,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:29Z,https://www.congress.gov/bill/93rd-congress/house-bill/13381
93-hr-13409,93,hr,13409,"A bill to amend the Internal Revenue Code of 1954 to provide that percentage depletion shall not be allowed in the case of mines, wells, and other natural deposits located in foreign territory.",Petroleum industry,1974-03-12,1974-03-12,Referred to House Committee on Ways and Means.,House,"Rep. McDade, Joseph M. [R-PA-10]",PA,R,M000399,0,"Provides that the percentage depletion deduction under the Internal Revenue Code shall not be allowed in the case of mines, wells, and other natural deposits located in foreign territory.",2024-08-01T18:36:30Z,https://www.congress.gov/bill/93rd-congress/house-bill/13409
93-s-3134,93,s,3134,Foreign Petroleum Income Tax Act,Petroleum industry,1974-03-08,1974-03-08,Referred to Senate Committee on Finance.,Senate,"Sen. Haskell, Floyd K. [D-CO]",CO,D,H000317,1,"Foreign Petroleum Income Tax Act - Imposes an 80 percent income tax on excess petroleum profits income.  Sets forth the definition of the term excess petroleum profits income. States that the provisions of this Act shall apply for any taxable year to any domestic corporation which has petroleum profits income from sources without the United States in an amount equal to, or in excess of, 20 percent of its total petroleum profits income for the taxable year. Authorizes the Secretary of the Treasury to prescribe such regulations as may be necessary to carry out the provisions of this Act. Provides that the provisions of this Act do not apply to any part of the taxable income of a corporation for the taxable year which is excess petroleum profits income of that corporation for the taxable year. Directs the Secretary of the Treasury or his delegate to, as soon as practicable but in any event not later than 90 days after the date of the enactment of this Act, submit to the Committee on Ways and Means of the House of Representatives a draft of any technical and conforming changes in the Internal Revenue Code of 1954 which are necessary to reflect throughout such Code changes in the substantive provisions of law made by this Act. States that the amendments made by this Act apply with respect to taxable years ending after December 31, 1973.",2025-09-03T12:52:42Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3134
93-hr-13316,93,hr,13316,Emergency Windfall Profits Tax Act,Petroleum industry,1974-03-07,1974-03-07,Referred to House Committee on Ways and Means.,House,"Rep. Broyhill, James T. [R-NC-10]",NC,R,B000966,0,Emergency Windfall Profits Tax Act - Imposes a windfall profits tax on the producer of crude oil produced in the United States. Provides a table for the computation of this tax in the first calendar month in which the tax is imposed and a formula for determining the tax on windfall profits for each succeeding month. Directs the Secretary of the Treasury or his delegate to publish in the Federal Register within 15 days after the effective date of this Act tables with brackets computed in accordance with this Act for each month the tax is imposed. Declares that the producer subject to the windfall profits tax shall incur liability for the tax on the date that the unit of crude oil is deemed to be sold. Provides for the collection and the remittance of windfall profit tax. States that each tax return relating to emergency windfall profits tax shall be filed on or before the 15th day following the close of the calendar month to which the return relates.,2025-09-03T12:48:02Z,https://www.congress.gov/bill/93rd-congress/house-bill/13316
93-hr-13350,93,hr,13350,A bill to stimulate and to increase competition in the refining sector of the petroleum industry.,Petroleum industry,1974-03-07,1974-03-07,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Rodino, Peter W., Jr. [D-NJ-10]",NJ,D,R000374,0,"Authorizes the President to take such action as may be necessary, including the acquisition of lands and interests therein, to cause to be designed and constructed a minimum of seven full-scale optimum commercial-size facilities for the refining of petroleum products, of which at least one such facility shall be located within each of the five Petroleum Administration for Defense Districts (PAD Districts). States that the location and construction of the refining facilities shall be carried out consistent with environmental impact considerations. Requires the President to transfer, to each of the corporations established pursuant to this Act, all land and interests therein owned or acquired for such refining facilities, together with any improvements, from time to time. Establishes, within one year after the date on which this Act becomes effective, for each refining facility authorized under this Act, one corporation for profit which will not be an agency or establishment of the United States Government. Authorizes each such corporation to issue, sell, and have outstanding equity and debt securities in such amounts and at such times as it shall determine.  States that the shares of common stock initially offered shall be sold at a price not in excess of $50 for each share and in a manner to encourage the widest distribution to the American public. States that no person who owns 1 percent or more of the voting securities of any other oil company shall be permitted to own, directly or indirectly, voting securities or any securities convertible into voting securities of any corporation established under this Act; and that no stockholder or affiliated person of such stockholder when considered together may own, beneficially or of record, or both, more than 5 percent of the outstanding voting securities of any corporation established under this Act. Provides that each such corporation shall, from time to time, offer to sell on a priority and first choice basis the products of its refinery to independent marketers who hold no substantial beneficial interest in or ownership of any oil producing lands, refineries, or petroleum, or oil transmission or gathering pipelines. States that any such corporation or any other person who willfully violates any provision of this title shall be fined not more than $10,000 or imprisoned for not more than five years, or both. Provides that any corporation or person who realizes, or could at his election realize, a profit as a result of acquiring voting securities of any such corporation in violation of this Act shall be fined an amount equal to the amount of such profit. Authorizes to be appropriated such sums as may be necessary to carry out the purposes of this Act. Authorizes for the purpose of carrying out the provisions of this Act relating to the construction of refining facilities, including land acquisition, an appropriation, without fiscal year limitation, in the sum of $3,000,000,000.",2024-08-01T18:36:19Z,https://www.congress.gov/bill/93rd-congress/house-bill/13350
93-hr-13282,93,hr,13282,"A bill to amend the Internal Revenue Code of 1954 to eliminate the percentage depletion allowance and the option to deduct intangible drilling and development costs in the case of any oil or gas well located outside the United States, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-03-06,1974-03-06,Referred to House Committee on Ways and Means.,House,"Rep. Kemp, Jack [R-NY-38]",NY,R,K000086,0,"Eliminates the percentage depletion allowance and the option to deduct intangible drilling and development costs, under the Internal Revenue Code, in the case of any oil or gas well located outside the United States. Denies a foreign tax credit with respect to the income derived from any such well.",2024-08-01T18:36:23Z,https://www.congress.gov/bill/93rd-congress/house-bill/13282
93-hr-13308,93,hr,13308,Energy Accounting Investigations Act,Petroleum industry,1974-03-06,1974-03-06,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Reid, Ogden R. [D-NY-24]",NY,D,R000150,0,"Energy Accounting Investigations Act - Declares that the Congress reiterates the continuing commitment of the United States to the goal of a free enterprise economy which functions fairly and efficiently with a minimum of Government interference. Defines the terms used in this Act.  Defines the term ""energy industries"" as meaning the following lines of commerce:  (1) production of mineral fuels; (2) refining or otherwise processing mineral fuels for use as a source of energy; (3) transportation of mineral fuels by rail, motor vehicle, water, pipeline, or otherwise; (4) electrical power generation and transmission; or (5) wholesale or retail distribution or sale of mineral fuels or electrical energy. Defines the term ""production"" as meaning the development of oil lands or oil shale lands within any State, the extraction of crude petroleum or oil shale, and the storage of crude petroleum on or in such lands. Requires the Federal Trade Commission to determine:  (1) the extent to which competition among persons engaged in the provision of accounting services is abridged with relation to the provision of such services to the major oil companies; (2) the nature of the practices of persons engaged in the provision of accounting services to the major oil companies and the extent to which such practices work to the disadvantage of the general or investing public; (3) the extent to which those persons engaged in the provision of accounting services to the major oil companies fulfill their primary duty of ""presenting fairly"" the conditions of the firms they audit, as defined by the United States Court of Appeals; and (4) the nature and extent to which persons engaged in the provision of accounting services to the major oil companies serve as information conduits between persons involved in the energy industries. Requires that, no later than nine months after the date of enactment of this Act, the Federal Trade Commission shall prepare and submit to Congress and the President a report containing all information gathered under this Act, and such report shall be available for public inspection and for copying purposes. Declares that beginning one year after the date of enactment of this Act, the Federal Trade Commission shall take such steps as shall be necessary to:  (1) remove anticompetitive barriers existing in the fields of auditing, tax servicing, and consulting with and for the major oil companies; and (2) promote fair and ethical standards in the relationships between persons engaged in the provision of the accounting services and their clients in the energy industries. Requires all integrated major oil companies, beginning one year after enactment of this Act, to file on an annual basis with the Federal Trade Commission economic and financial reports for each of the levels of operation with which they may be involved. Provides for the enforcement of this Act.  Directs the Federal Trade Commission and the Attorney General of the United States or his designee to examine the activities of those persons engaged in the provision of accounting services as those services relate to the business of major oil companies. Provides that the Federal Trade Commission and the Attorney General of the United States or his designee, together or independently, shall institute suits in the district courts of the United States requesting the issuance of such relief as is appropriate under this Act to insure compliance with this Act. Provides for penalties for violations of the provisions of this Act. States that a violation by a corporation shall also be deemed to be a violation by the individual directors, officers, receivers, trustees, or agents of such corporation who shall have authorized, ordered, or done any of the act constituting the violation in whole or part, or who shall have omitted to authorize, order, or do any acts which would terminate, prevent, or correct conduct violative of this Act.",2025-09-03T12:48:00Z,https://www.congress.gov/bill/93rd-congress/house-bill/13308
93-hr-13234,93,hr,13234,"A bill to amend the Internal Revenue Code of 1954 to eliminate the percentage depletion allowance for oil and gas wells, to deny credit for foreign taxes imposed on income from such wells, and to provide for an excess profits tax on the income of oil producing and refining corporations.",Petroleum industry,1974-03-05,1974-03-05,Referred to House Committee on Ways and Means.,House,"Rep. Barrett, William A. [D-PA-1]",PA,D,B000178,0,"Eliminates the percentage depletion allowance under the Internal Revenue Code for oil and gas wells. Repeals the tax credit for foreign taxes imposed on income from oil and gas wells.  Authorizes a tax deduction for foreign taxes imposed on the income from such wells to the extent a tax credit is denied under the applicable provisions of the Internal Revenue Code.  Imposes, for each taxable year, a tax on the income of every corporation producing or refining petroleum, equal to 50 percent ot the excess petroleum income of such corporation.  Defines the term excess petroleum income.",2024-08-01T18:36:23Z,https://www.congress.gov/bill/93rd-congress/house-bill/13234
93-hr-13248,93,hr,13248,Interfuel Competition Act,Petroleum industry,1974-03-05,1974-03-05,Referred to House Committee on the Judiciary.,House,"Rep. Harrington, Michael J. [D-MA-6]",MA,D,H000230,0,"Interfuel Competition Act - Provides that it shall be unlawful for any integrated company:  (1) to acquire any coal, oil shale, tar sands, uranium, geothermal steam, and solar energy asset after the enactment of this Act, or (2) to own or control any coal, oil shale, tar sands, uranium, geothermal steam, and solar energy asset after the expiration of three years after the enactment of this Act. Requires that each integrated oil company which owns or controls any such geothermal steam, or solar energy asset shall file with the Attorney General and the Chairman of the Federal Trade Commission such reports respecting its energy assets as the Attorney General or Chairman may require. Directs the Attorney General and/or the Chairman of the Federal Trade Commission to commence a civil action for appropriate relief whenever any person violates the provisions of this Act.",2025-09-03T12:47:59Z,https://www.congress.gov/bill/93rd-congress/house-bill/13248
93-hr-13258,93,hr,13258,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-03-05,1974-03-05,Referred to House Committee on Ways and Means.,House,"Rep. Rodino, Peter W., Jr. [D-NJ-10]",NJ,D,R000374,0,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:23Z,https://www.congress.gov/bill/93rd-congress/house-bill/13258
93-hr-13198,93,hr,13198,A bill to impose during the present energy crisis an excess profits tax on the income of corporations engaged in the production or distribution of petroleum or natural gas.,Petroleum industry,1974-03-04,1974-03-04,Referred to House Committee on Ways and Means.,House,"Rep. Heinz, John [R-PA-18]",PA,R,H000456,0,"Imposes on the income of corporations engaged in the production or distribution of petroleum or natural gas, for each taxable year beginning or ending in the energy emergency period (January 1, 1974 to December 31, 1975), a tax equal to 37 percent of the excess energy profits income of such corporations. Defines excess energy profits income. Allows tax deductions equal to the energy taxable income of the corporations and for expenditures for exploration and development, increased domestic productive capacity, and pollution abatement.",2024-08-01T18:36:22Z,https://www.congress.gov/bill/93rd-congress/house-bill/13198
93-s-3095,93,s,3095,A bill to amend the Internal Revenue Code of 1954 to deny treatment as a foreign tax payment to any royalty payment made in connection with the extraction of oil or gas from a foreign country and to provide a means of determining what part of any payment constitutes the payment of a royalty.,Petroleum industry,1974-03-01,1974-03-01,Referred to Senate Committee on Finance.,Senate,"Sen. Haskell, Floyd K. [D-CO]",CO,D,H000317,8,"States that royalties shall not be included in the definition of income war profits, and excess profits taxes as creditable taxes in the case of taxes paid or accrued to any foreign country with respect to income derived from the extraction, production, or refining of oil or gas in such country. States in regard to transitional rules for carrybacks and carryovers, relating to income from without the United States, that whenever pre 1974 taxes are deemed to be post-1973 taxes, the pre-1974 taxes  shall be redetermined as if those provisions applied to the taxable year in which the pre-1974 taxes were paid or accrued.",2024-08-01T18:42:26Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3095
93-hr-13139,93,hr,13139,Federal Oil and Gas Corporation Act,Petroleum industry,1974-02-28,1974-02-28,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Harrington, Michael J. [D-MA-6]",MA,D,H000230,3,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands;  (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and  (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act. Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:47:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/13139
93-hr-13160,93,hr,13160,Petroleum Marketing Divorcement Act,Petroleum industry,1974-02-28,1974-02-28,Referred to House Committee on Judiciary.,House,"Rep. Bennett, Charles E. [D-FL-3]",FL,D,B000371,0,"Petroleum Marketing Divorcement Act - Makes it unlawful for any person to be engaged directly or indirectly in marketing of petroleum products while such person or affiliate of such person is also engaged in one or more of the other three branches of the petroleum industry; namely, production, refining, and transportation. Establishes a fine of up to $100,000 for each violation of this Act. Makes it the duty of the Attorney General to examine relationships of petroleum companies and to institute suits in equity for the issuance of mandatory injunctions for compliance with this Act.",2025-09-03T12:47:53Z,https://www.congress.gov/bill/93rd-congress/house-bill/13160
93-s-3083,93,s,3083,"A bill to stabilize the price of propane, and for other purposes.",Petroleum industry,1974-02-28,1974-02-28,"Referred to Senate Committee on Banking, Housing and Urban Affairs.",Senate,"Sen. Hartke, Vance [D-IN]",IN,D,H000297,0,"Directs the President, under the Economic Stabilization Act, to issue an order:  (1) stabilizing wholesale and retail process of propane at prices to reflect cost charges related to propane production and distribution since January 1, 1973.",2025-01-14T18:20:21Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3083
93-hr-13065,93,hr,13065,Federal Oil and Gas Corporation Act,Petroleum industry,1974-02-27,1974-02-27,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Daniels, Dominick V. [D-NJ-14]",NJ,D,D000041,0,"Federal Oil and Gas Corporation Act - Requires the President to submit each year to the Congress a report on the energy requirements of the Nation for the succeeding five years. Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands; (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act.  Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:47:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/13065
93-hr-13087,93,hr,13087,Federal Oil and Gas Corporation Act,Petroleum industry,1974-02-27,1974-02-27,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Nix, Robert N. C. [D-PA-2]",PA,D,N000113,0,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands;  (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and  (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act. Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:47:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/13087
93-hr-13091,93,hr,13091,Emergency Windfall Profits Tax Act,Petroleum industry,1974-02-27,1974-02-27,Referred to House Committee on Ways and Means.,House,"Rep. Parris, Stanford E. (Stan) [R-VA-8]",VA,R,P000080,0,Emergency Windfall Profits Tax Act - Imposes a windfall profits tax on the producer of crude oil produced in the United States. Provides a table for the computation of this tax in the first calendar month in which the tax is imposed and a formula for determining the tax on windfall profits for each succeeding month. Directs the Secretary of the Treasury or his delegate to publish in the Federal Register within 15 days after the effective date of this Act tables with brackets computed in accordance with this Act for each month the tax is imposed. Declares that the producer subject to the windfall profits tax shall incur liability for the tax on the date that the unit of crude oil is deemed to be sold. Provides for the collection and the remittance of windfall profit tax. States that each tax return relating to emergency windfall profits tax shall be filed on or before the 15th day following the close of the calendar month to which the return relates.,2025-09-03T12:47:57Z,https://www.congress.gov/bill/93rd-congress/house-bill/13091
93-hres-931,93,hres,931,"Resolution to authorize the Committee on Interstate and Foreign Commerce to conduct an investigation and study of the importing, inventorying, and disposition of crude oil, residual fuel oil, and refined petroleum products.",Petroleum industry,1974-02-27,1974-02-27,Referred to House Committee on Rules.,House,"Rep. Long, Clarence D. [D-MD-2]",MD,D,L000413,24,"Expresses the sense of the House of Representatives that accurate and complete data on imports of oil and oil products into the United States, oil and oil products inventories in the United States or under the control of companies owned by United States citizens, and distribution of oil and oil products within and from out of the United States are essential to the national security of the United States, the safety of its citizens, and the proper conduct of its domestic and international commerce.  Authorizes the House Committee on Interstate and Foreign Commerce to conduct a full and complete investigation and study of the importing, inventorying, and disposition of crude oil, residual fuel oil, and refined petroleum products.",2024-08-01T18:26:55Z,https://www.congress.gov/bill/93rd-congress/house-resolution/931
93-hr-13030,93,hr,13030,Petroleum Industry Company Act,Petroleum industry,1974-02-26,1974-02-26,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Aspin, Les [D-WI-1]",WI,D,A000224,1,"Petroleum Industry Company Act - Provides that no company operating a refinery, other than an independent refiner, shall at the same time own or control any interest of any nature whatsover, directly of through any affiliate, in any company engaged in the exploration for, development of, or production of, crude oil or other liquid hydrocarbons. Provides that no company operating a refinery, other than an independent refiner, shall at the same time own or control any interest of any nature whatsover, directly or through any affiliate, in any company engaged in the marketing of finished products. States that it shall be unlawful for any pipeline company subject to this Act to transport to, from, or within any State, territory, or the District of Columbia, any crude oil or other liquid hydrocarbon, or any fininsed product, which is produced or manufactured by such pipeline company or any company which is an affiliate of such pipeline company. Requires the Securities and Exchange Commission, in accordance with such rules, regulations, or orders as it may deem necessary to carry out the purposes of this Act, to require companies holding ownership interests in facilities which are prohibited by this Act, to submit within one year from the date of enactment of this Act, plans for the divestment of such ownership interests, whether represented by securities or otherwise. Establishes a $5000-per-day fine for  violation of this Act.",2025-09-03T12:47:54Z,https://www.congress.gov/bill/93rd-congress/house-bill/13030
93-hr-13031,93,hr,13031,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs and to reduce the foreign tax credit allowed with respect to the income derived from any such well.",Petroleum industry,1974-02-26,1974-02-26,Referred to House Committee on Ways and Means.,House,"Rep. Byron, Goodloe E. [D-MD-6]",MD,D,B001221,0,"Disallows, under the Internal Revenue Code, deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and fifty percent of the tax credit for income, war profits or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:15Z,https://www.congress.gov/bill/93rd-congress/house-bill/13031
93-s-3060,93,s,3060,A bill to terminate the foreign tax credit for taxes paid with respect to income attributable to oil and gas operations.,Petroleum industry,1974-02-26,1974-02-26,Referred to Senate Committee on Finance.,Senate,"Sen. Hartke, Vance [D-IN]",IN,D,H000297,0,"Terminates the foreign tax credit for taxes paid with respect to income attributable to the extraction, production, or refining of oil or gas.",2024-08-01T18:42:26Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3060
93-hr-13015,93,hr,13015,A bill to amend the Emergency Petroleum Allocation Act of 1973 to rollback the price of propane.,Petroleum industry,1974-02-25,1974-02-25,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Hungate, William L. [D-MO-9]",MO,D,H000965,0,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:04Z,https://www.congress.gov/bill/93rd-congress/house-bill/13015
93-hr-12961,93,hr,12961,A bill to prohibit the use of U.S. fuel to train commercial airline and military pilots who are nationals of any foreign country which places an embargo on its shipment of petroleum products to the United States.,Petroleum industry,1974-02-21,1974-02-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Litton, Jerry [D-MO-6]",MO,D,L000360,18,Prohibits the use of United States petroleum products to train commercial airline and military pilots who are nationals of any foreign country which places an embargo on its shipment of petroleum products to the United States. Imposes a ten-dollar per gallon fine on petroleum products used in violation of this Act.,2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12961
93-hr-12973,93,hr,12973,A bill to amend the Emergency Petroleum Allocation Act of 1973 to rollback the price of propane gas.,Petroleum industry,1974-02-21,1974-02-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Taylor, G. [R-MO-7]",MO,R,T000075,12,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12973
93-hr-12974,93,hr,12974,A bill to amend the Emergency Petroleum Allocation Act of 1973 to rollback the price of propane gas.,Petroleum industry,1974-02-21,1974-02-21,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Taylor, G. [R-MO-7]",MO,R,T000075,13,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12974
93-hr-13000,93,hr,13000,Petroleum Marketing Divorcement Act,Petroleum industry,1974-02-21,1974-02-21,Referred to House Committee on the Judiciary.,House,"Rep. Owens, Wayne [D-UT-2]",UT,D,O000156,0,"Petroleum Marketing Divorcement Act - Makes it unlawful for any person to be engaged directly or indirectly in marketing of petroleum products while such person or affiliate of such person is also engaged in one or more of the other three branches of the petroleum industry; namely, production, refining, and transportation. Establishes a fine of up to $100,000 for each violation of this Act. Makes it the duty of the Attorney General to examine relationships of petroleum companies and to institute suits in equity for the issuance of mandatory injunctions for compliance with this Act.",2025-09-03T12:47:48Z,https://www.congress.gov/bill/93rd-congress/house-bill/13000
93-hr-12909,93,hr,12909,A bill to amend the Emergency Petroleum Allocation Act of 1973 to eliminate the exemption of the first sale of crude oil of certain leases from price controls.,Petroleum industry,1974-02-20,1974-02-20,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Fraser, Donald M. [D-MN-5]",MN,D,F000350,14,"States that, under the Emergency Petroleum Allocation Act, mandatory allocation by amounts shall not apply to the first sale of crude oil produced in the United States from any lease whose average daily production of crude oil for the preceding calendar year does not exceed ten barrels per well.  States that, in such case, mandatory allocation by price shall apply. Provides, under the Mineral Leasing Act, as amended, that the first sale of crude oil and natural gas liquids produced from any lease whose average daily production of such substances for the preceding calendar month does not exceed ten barrels per well shall not be subject to any allocation program with respect to allocation by amounts for fuels or petroleum established pursuant to any Federal law for allocation of fuels or petroleum.",2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12909
93-hr-12910,93,hr,12910,A bill to amend the Emergency Petroleum Allocation Act of 1973 to eliminate the exemption of the first sale of crude oil of certain leases from price controls.,Petroleum industry,1974-02-20,1974-02-20,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Fraser, Donald M. [D-MN-5]",MN,D,F000350,16,"States that, under the Emergency Petroleum Allocation Act, mandatory allocation by amounts shall not apply to the first sale of crude oil produced in the United States from any lease whose average daily production of crude oil for the preceding calendar year does not exceed ten barrels per well.  States that, in such case, mandatory allocation by price shall apply. Provides, under the Mineral Leasing Act, as amended, that the first sale of crude oil and natural gas liquids produced from any lease whose average daily production of such substances for the preceding calendar month does not exceed ten barrels per well shall not be subject to any allocation program with respect to allocation by amounts for fuels or petroleum established pursuant to any Federal law for allocation of fuels or petroleum.",2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12910
93-hr-12882,93,hr,12882,"A bill to amend the Internal Revenue Code of 1954 to eliminate, in the case of any oil or gas well located outside the United States, the percentage depletion allowance and the option to deduct intangible drilling and development costs, and to deny a foreign tax credit with respect to the income derived from any such well.",Petroleum industry,1974-02-19,1974-02-19,Referred to House Committee on Ways and Means.,House,"Rep. Macdonald, Torbert H. [D-MA-7]",MA,D,M000005,0,"Disallows, under the Internal Revenue Code, percentage depletion deductions on foreign oil and gas wells, tax deductions for intangible drilling and development costs for foreign oil or gas wells, and tax credits for income, war profits, or excess profits tax paid or accrued which is attributable to income from foreign oil or gas wells. Allows a tax deduction for excess profits taxes imposed by foreign countries to the extent a credit is denied for such taxes.",2024-08-01T18:36:07Z,https://www.congress.gov/bill/93rd-congress/house-bill/12882
93-hr-12888,93,hr,12888,Consumer Energy Act,Petroleum industry,1974-02-19,1974-02-19,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Moss, John E. [D-CA-3]",CA,D,M001035,13,"Consumer Energy Act - Title I;  Natural Gas and Oil Regulatory Reform - Declares it to be the policy of Congress to apply uniform economic regulations to both natural gas and oil production to assure adequate supplies and availability at reasonable prices. Exempts a small producer from the provisions of this Act for an initial period of 5 years from the date of enactment of this Act.  Provides that the Federal Power Commission may by regulation require any such producer to prepare and submit to it such information as the Commission determines to be necessary. Authorizes the Commission to exempt from the provisions of this Act any transportation or sale of natural gas or oil in interstate commerce with respect to any State which establishes and maintains an adequate program of regulation within such State of such transportation and sale in accordance with this Act. Requires the Commission, in a rulemaking proceeding, to establish on or before February 1, 1976, and annually thereafter to revise a national area rate for production within the United States of natural gas and  oil.  Requires the Commission to establish adjustments to the national area rate for each major producing region to reflect differences in production costs, State taxation, and similar costs. States that each new producer contract shall be filed by the producer with the Commission within 30 days of its execution. Authorizes the Commission, after notice, hearing, and opportunity for public comment, to allocate natural gas among pipelines. Disallows authorization of appropriations for the Commission until either the Chairman of the Committee on Interstate and Foreign Commerce of the House of Representatives or the Chairman of the Committee on Commerce of the Senate certifies that a comprehensive oversight investigation and hearing into and evaluation of the operations and effectiveness of the Commission has been conducted by a committee. Directs the Commission, so far as practicable, to secure and keep current information with respect to:  (1) the ownership, operation, management, and control of any facility for the transportation or sale of natural gas or oil;  (2) the total estimated reserves and resources of natural gas and oil of the United States (including the Outer Continental Shelf), the current production therefrom of natural gas and oil, and the ratio of such reserves and resources to the level of current production;  (3) the cost of the transportation and sale of natural gas and oil, by company, nation, and type of activity; and  (4) the current and projected schedule, by company, nation, and type, of capital expenditures dedicated to the exploration and development of reserves and resources of natural gas and oil in the United States, or the Outer Continental Shelf, and elsewhere throughout the world. Requires the Commission to assemble lists of major companies and other companies, agencies, institutions, and associations required to report under this section and to prepare, print, and mail to them forms to be used in compiling such reports. Provides that it shall be the duty of every major company to report annually to the Commission on its assets and operations, worldwide, on an establishment basis. Establishes penalties for failing to furnish information as may be requested by the Commission. Title II:  Emergency Interim Relief For Consumers of Oil - Provides that, immediately upon the enactment of this title, the President shall issue an order to establish a ceiling on prices of crude oil and petroleum products at levels not to exceed the highest price levels for each such commodity prevailing during the 14-day period that ended January 19, 1974. Requires that, not later than 30 days after the date of enactment of this title, the President shall issue an order rolling back prices of crude oil and all petroleum products to levels not to exceed the highest price levels for each such commodity prevailing during the 7-day period that ended December 1, 1973. Allows the President, after notice and an opportunity for the submission of written and oral views and comments by interested parties, to grant specific exceptions from the rollback to compensate for any increased costs incurred for crude oil and petroleum products produced or refined outside the United States, but such exceptions shall in no event allow more than a passthrough for increases in the costs of such commodities. Title III:  Federal Oil and Gas Corporation - Establishes the Federal Oil and Gas Corporation. Empowers such Corporation to:  (1) explore for natural gas and oil on Federal, State, or foreign lands;  (2)  make available to the general public such geological and geophysical information as it acquires in the course of its activities;  (3) develop and produce natural gas and oil from reserves on Federal, State, or foreign lands which it has located;  (4) produce from reserves which it has developed or acquired such amounts of natural gas and oil as are necessary or appropriate to meet the needs of the citizens and commerce of the United States for these energy sources; and  (5) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, which are subject to such Secretary's jurisdiction and control, to the Corporation. States that the Corporation shall build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to arrange for refining of such oil in an efficient and economical manner. Authorizes appropriations to the Corporation for the fiscal year ending June 30, 1975, and for each of the next 10 succeeding fiscal years of $50,000,000 for carrying out the provisions of this section. Title IV:  Equal Treatment for Small Producers of Oil and Gas - Provides that whenever the Commission, after notice and opportunity for hearing, finds such action necessary or desirable in the public interest, it may by order direct an oil pipeline company to extend or improve its transportation or storage facilities, and to establish a physical connection of its transportation or storage facilities with the facilities of any person engaged or legally authorized to engage in the refining or distribution of oil, if the Commission finds that such a facility extension would not impair the oil pipeline company's ability to render adequate service to its customers. Prohibits an oil pipeline company from abandoning all or any portion of its facilities subject to the jurisdiction of the Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission. Makes it unlawful for any oil pipeline company subject to the provisions of this Act and engaged in the transportation of crude oil or petroleum products to fail to provide any shipper of oil or petroleum products (who meets minimum tender requirements) with access or exit storage or terminal facilities at any origin or destination point. States that any oil pipeline company subject to this title that knowingly violates the provisions of this section, or aids or abets therein, shall, upon conviction thereof in any district court of the United States within the jurisdiction of which such offense was committed, be fined not more than $150,000, or imprisoned not more than 5 years, or both. Provides that noncompliance with any provision of this Act, any term or condition of a certificate of public convenience and necessity, or any applicable rule of the Commission may be grounds for suspension or termination of the certificate of public convenience and necessity. Directs the Federal Trade Commission (FTC) to prepare and submit to Congress, within 12 months, a report regarding its conclusions with respect to requiring the divestiture of oil pipelines from ownership or control by any oil company which has assets of $1,000,000,000 or more together with a determination of the impact of such action upon small producers and consumers of oil and petroleum products. Title V:  Fair Treatment for Retailers of Petroleum Products - Prohibits a refiner or distributor from canceling, failing to renew, or otherwise terminating a franchise unless such refiner or distributor has furnished a notice of intent to each distributor or retailer affected thereby. Title VI:  Termination of Wasteful Rate Structures - Requires that commencing on January 1, 1975, and continuing until the removal of all rate differences which are based either on:  (1) the quantity of natural gas or oil sold; or  (2) any distinctions between domestic, commercial, industrial, or any other such category of use; all changes in the rates or charges made, demanded, or received by any natural gas or oil company for or in connection with the transportation or sale of natural gas or oil shall be such as to decrease or remove differences in such rates and charges based either on quantity sold or distinctions between categories of use.",2025-09-03T12:47:48Z,https://www.congress.gov/bill/93rd-congress/house-bill/12888
93-s-3026,93,s,3026,A bill to exempt the first sale of certain categories of crude oil from Government price controls.,Petroleum industry,1974-02-19,1974-02-19,Referred to Senate Committee on Interior and Insular Affairs.,Senate,"Sen. Domenici, Pete V. [R-NM]",NM,R,D000407,1,"Provides that the first sale of the following categories of crude oil shall not be subject to price restraints established pursuant to the Economic Stabilization Act or the Emergency Petroleum Allocation Act:  (1) crude oil produced from any lease whose average daily production for the preceding twelve-month period does not exceed ten barrels per well, and (2) crude oil produced from any well put into production on or after the date of enactment of this Act by any oil producer who produces only crude oil or natural gas in the United States and who does not own or control any transporting, refining, or marketing facilities.",2025-04-23T11:41:33Z,https://www.congress.gov/bill/93rd-congress/senate-bill/3026
93-hr-12852,93,hr,12852,A bill to amend the Emergency Petroleum Allocation Act of 1973 to rollback the price of propane gas.,Petroleum industry,1974-02-14,1974-02-14,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Taylor, G. [R-MO-7]",MO,R,T000075,18,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:36:03Z,https://www.congress.gov/bill/93rd-congress/house-bill/12852
93-hr-12795,93,hr,12795,A bill to amend the Emergency Petroleum Allocation Act of 1973 to rollback the price of propane gas.,Petroleum industry,1974-02-13,1974-02-13,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Mayne, Wiley [R-IA-6]",IA,R,M000286,0,"Provides, under the provisions of the Emergency Petroleum Allocation Act of 1973, for a roll back of the wholesale and retail prices of propane gas. Requires that the President shall, in the administration of the pricing authority under the Emergency Petroleum Allocation Act of 1973, provide for the equitable allocation of costs among different petroleum products covered by such Act.",2024-08-01T18:35:56Z,https://www.congress.gov/bill/93rd-congress/house-bill/12795
93-hres-864,93,hres,864,Resolution expressing the support of the House for the formation of an Organization of Petroleum Consuming Nations.,Petroleum industry,1974-02-13,1974-02-13,Referred to House Committee on Foreign Affairs.,House,"Rep. Steele, Robert H. [R-CT-2]",CT,R,S000836,15,Expresses the sense of the House of Representatives that the United States Government should support the formation of an organization of petroleum-consuming nations to counter balance the Organization of Petroleum Exporting Countries and the Organization of Arab Petroleum Exporting Countries.  States that the purpose of such an international group would be to negotiate as a single body with the oil exporters to try to establish and maintain reasonable petroleum prices and to promote joint projects among member countries to find alternative sources of energy and develop new energy forms.,2024-08-01T18:26:55Z,https://www.congress.gov/bill/93rd-congress/house-resolution/864
93-hr-12697,93,hr,12697,A bill to amend the Economic Stabilization Act of 1970 to stabilize the price of propane.,Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Banking and Currency.,House,"Rep. Alexander, Bill [D-AR-1]",AR,D,A000103,9,"Directs the President to issue an order under the provisions of the Stabilization Act of 1970 to stabilize the wholesale and retail prices of propane at their respective market price levels on May 15, 1973.",2024-08-01T18:35:57Z,https://www.congress.gov/bill/93rd-congress/house-bill/12697
93-hr-12724,93,hr,12724,Emergency Fuel Tax Suspension Act,Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Ways and Means.,House,"Rep. Gunter, Bill [D-FL-5]",FL,D,G000528,0,"Emergency Fuel Tax Suspension Act - Suspends the excise tax on diesel and special motor fuels during the 180-day period beginning on the day following the date of enactment of this Act. Directs the President to specify a ceiling price for diesel fuel and special motor fuels at levels prevailing on January 15, 1974, less an amount per gallon equal to the amount by which excise taxes were suspended with respect to such products under this Act.  States that such ceiling price shall be in effect for the 180-day period beginning on the day following the date of the enactment of this Act.",2025-09-03T12:47:46Z,https://www.congress.gov/bill/93rd-congress/house-bill/12724
93-hr-12728,93,hr,12728,Federal Oil and Gas Corporation Act,Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Harrington, Michael J. [D-MA-6]",MA,D,H000230,17,"Federal Oil and Gas Corporation Act - Directs the Federal Power Commission to establish a corporation to be known as the Federal Oil and Gas Corporation, administered by a Board of Directors consisting of five qualified individuals who shall be selected by the President, by and with the advice and consent of the Senate. Requires that all members of the Board shall be individuals who believe and profess a demonstrable belief in environmental protection and the purposes of the antitrust and consumer protection laws of the United States. Requires that no member of the Board shall, during his term in office, be engaged in any other business, nor may he have any financial interest in any business entity which is engaged in the exploration, development, production, transportation, or sale of natural gas or oil. Grants the Corporation power to:  (1) explore for natural gas and oil on Federal, State, foreign, or private lands;  (2) develop and sell natural gas or oil discovered by exploration, or otherwise obtained by sale, lease, purchase, exchange, or contract, and to build and operate all those facilities necessary for the development or sales of such resources; and  (3) engage in research directed toward the development or utilization of abundant and nonpolluting supplies of energy, from whatever source. Requires any Federal agency or department having authority to lease, sell, or otherwise dispose of Federal lands, or rights to natural gas or oil which is or may be located on Federal lands, including offshore rights, shall, upon receipt of a request of the Corporation under this Act, grant the Corporation such right to develop without payment within 90 days after the receipt of such request. Directs the Secretary of Defense, acting for the Secretary of the Navy, to transfer possession of certain properties inside the naval petroleum and oil shale reserves, to the Corporation. Requires the Corporation to build, lease, or purchase refining facilities for the crude oil it produces or otherwise obtains only if it is unable to make sales of such oil in a manner which will promote competition among suppliers of crude oil; and to build, lease, or purchase transportation facilities for the natural gas or oil it produces or otherwise obtains only if it is unable to arrange for delivery of such natural gas or oil in a manner which will promote competition among suppliers of natural gas or oil. Requires that sales of natural gas or oil by the Corporation shall be made at fair and reasonable prices designed to promote competition among suppliers of these energy resources. Authorizes to be appropriated to the Corporation for the fiscal year ending June 30, 1974, and for each of the next ten succeeding fiscal years $50,000,000 to carry out its activities under this Act. Provides that all funds appropriated pursuant to this Act shall remain available until expended.",2025-09-03T12:47:43Z,https://www.congress.gov/bill/93rd-congress/house-bill/12728
93-hr-12749,93,hr,12749,A bill to amend section 4 of the Emergency Petroleum Allocation Act of 1973 to direct the President to establish ceiling prices on petroleum and related goods.,Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Reid, Ogden R. [D-NY-24]",NY,D,R000150,0,"Directs the President to exercise his authority under the Emergency Petroleum Allocation Act and under the Economic Stabilization Act to specify ceiling prices for sales of crude oil, refined petroleum products, residual fuel oil, and for goods and services directly related to their production, refining, and transportation, produced in or imported into the United States, which avoid price increases resulting from the current energy emergency. Requires that such ceiling prices shall provide for no more than: (1) a passthrough for crude petroleum production cost increases actually incurred; and (2) a passthrough at any level of supply or distribution for refined petroleum products or residual fuel oil of crude oil, refining, transportation, and marketing costs actually incurred.",2024-08-01T18:35:56Z,https://www.congress.gov/bill/93rd-congress/house-bill/12749
93-hr-12755,93,hr,12755,A bill to amend the Economic Stabilization Act of 1970 to stabilize the price of propane.,Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Banking and Currency.,House,"Rep. Shriver, Garner E. [R-KS-4]",KS,R,S000388,0,"Directs the President, under the Economic Stabilization Act, to issue an order:  (1) stabilizing wholesale and retail prices of propane at January 1, 1973, levels; and (2) permitting adjustments in such prices to reflect cost charges related to propane production and distribution since January 1, 1973.",2024-08-01T18:35:57Z,https://www.congress.gov/bill/93rd-congress/house-bill/12755
93-hr-12758,93,hr,12758,"A bill to amend the Internal Revenue Code of 1954 to provide that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country, and to eliminate the percentage depletion allowance in the case of any such well.",Petroleum industry,1974-02-07,1974-02-07,Referred to House Committee on Ways and Means.,House,"Rep. Tiernan, Robert O. [D-RI-2]",RI,D,T000265,0,"Requires, under the Internal Revenue Code of 1954, that the credit for foreign taxes shall not be allowed in the case of taxes paid to a foreign country with respect to the income derived from any oil or gas well located in a foreign country.  Eliminates the percentage depletion allowance in the case of any such well presently authorized under such Code.",2024-08-01T18:36:00Z,https://www.congress.gov/bill/93rd-congress/house-bill/12758
93-s-2976,93,s,2976,A bill to deny the foreign tax credit for taxes paid with respect to income derived from oil and gas operations.,Petroleum industry,1974-02-07,1974-02-07,Referred to Senate Committee on Finance.,Senate,"Sen. Hathaway, William D. [D-ME]",ME,D,H000346,0,"Provides, under the Internal Revenue Code, that the foreign tax credit shall not apply to taxes paid or accrued to any foreign country with respect to the income derived from the extraction, production or refining of oil or gas.",2024-08-01T18:42:19Z,https://www.congress.gov/bill/93rd-congress/senate-bill/2976
93-s-2977,93,s,2977,A bill to repeal the deduction of intangible drilling and development costs of oil and gas wells.,Petroleum industry,1974-02-07,1974-02-07,Referred to Senate Committee on Finance.,Senate,"Sen. Hathaway, William D. [D-ME]",ME,D,H000346,0,Repeals the deduction allowed under the Internal Revenue Code for the tangible drilling and development costs of oil and gas wells.  (Repeals 26 U.S.C. 613 (b) (1) (A)),2024-08-01T18:42:19Z,https://www.congress.gov/bill/93rd-congress/senate-bill/2977
93-hr-12642,93,hr,12642,A bill to amend the Emergency Petroleum Allocation Act of 1973 to stabilize the price of propane.,Petroleum industry,1974-02-06,1974-02-06,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Guyer, Tennyson [R-OH-4]",OH,R,G000537,0,"Prohibits a refiner of petroleum products, in computing prices for propane, from apportioning to propane a greater percentage of the total product costs incurred by that refiner than the percentage that the total sales volume of propane of that refiner is to the total sales volume of all products refined by such refiner.",2024-08-01T18:35:51Z,https://www.congress.gov/bill/93rd-congress/house-bill/12642
93-hr-12648,93,hr,12648,A bill to amend the Emergency Petroleum Allocation Act of 1973 to stabilize the price of propane.,Petroleum industry,1974-02-06,1974-02-06,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Latta, Delbert L. [R-OH-5]",OH,R,L000116,0,"Prohibits a refiner of petroleum products, in computing prices for propane, from apportioning to propane a greater percentage of the total product costs incurred by that refiner than the percentage that the total sales volume of propane of that refiner is to the total sales volume of all products refined by such refiner.",2024-08-01T18:35:50Z,https://www.congress.gov/bill/93rd-congress/house-bill/12648
93-hr-12678,93,hr,12678,Emergency Energy Control Act,Petroleum industry,1974-02-06,1974-02-06,Referred to House Committee on Interstate and Foreign Commerce.,House,"Rep. Eckhardt, Bob [D-TX-8]",TX,D,E000035,1,"Emergency Energy Control Act - Establishes until May 15, 1975, unless superceded prior to that date by law, a Federal Energy Emergency Administration which shall be temporary and shall be headed by a Federal Energy Emergency Administrator. Transfers all functions, powers, and duties of the President under this Act, and of any officer, department, agency, or State under this Act to the Administrator. Requires the Administrator to promptly publish for public comment a regulation requiring that persons doing business in the United States, who, on the effective date of this Act, are engaged in exploring, developing, processing, refining, or transporting by pipeline, any petroleum product, natural gas, or coal, shall provide detailed reports to the Administrator every sixty calendar days. Requires the Administrator to furnish promptly such documents to the Congress as it may request. States that upon the enactment of this Act, the Administrator shall issue an order to establish a ceiling on prices of crude oil and petroleum products at levels not greater than the highest levels pertaining to a substantial volume of actual transactions by each business enterprise or other person during the fourteen-day period ending January 19, 1974. Requires that, not later than thirty days after the date of enactment of this Act, the Administrator shall roll back prices for crude oil and petroleum products to levels no higher than those prevailing in the seven-day period ending November 1, 1973, in order to reduce inflation. Allows specific exceptions from the rollback to compensate for increased costs for crude oil and petroleum products produced and refined outside the United States, but in no event shall such exceptions allow more than a passthrough for increases in the costs. Disallows any profit margins on any crude petroleum or petroleum products in excess of the margin applicable in the seven-day period ending November 1, 1973. Allows the Administrator, subject to the approval of the Attorney General and the Federal Trade Commission, to promulgate, by rule, standards, and procedures by which persons engaged in the business of producing, refining, marketing, or distributing crude oil, residual fuel oil, or any refined petroleum product may develop and implement voluntary agreements and plans of action to carry out such agreements which the Administrator determines are necessary to accomplish the objectives of this Act. Directs the Attorney General and the Federal Trade Commission to monitor the development, implementation and carrying out of plans of action and voluntary agreements authorized under this section to assure the protection and fostering of competition and the prevention of anticompetitive practices and effects.",2025-09-03T12:47:43Z,https://www.congress.gov/bill/93rd-congress/house-bill/12678