Emergency Petroleum Allocation Act
Latest action. Measure laid on table in House, S. 1570 passed in lieu.
(LATEST SUMMARY) Emergency Petroleum Allocation Act - States that the purpose of this Act is to grant to the President of the United States and direct him to exercise specific temporary authority to deal with shortages of crude oil, residual fuel oil, and refined petroleum products or dislocations in their national distribution system. Declares that the authority granted under this Act shall be exercised for the purpose of minimizing the adverse impacts of such shortages or dislocations on the American people and the domestic economy. Provides that, not later than ten days after the date of enactment of this Act, the President shall promulgate a regulation providing for the mandatory allocation of crude oil, residual fuel oil, and each refined petroleum product, in amounts specified in (or determined in a manner prescribed by) such regulation. States that such regulation shall take effect not later than fifteen days after its promulgation. Declares that in specifying prices, such regulation shall provide for: (1) a dollar-for-dollar passthrough of net increases in the cost of crude oil, residual fuel oil, and refined petroleum products to all marketers or distributors at the retail level; and (2) the use of the same date in the computation of markup, margin, and posted price for all marketers or distributors of crude oil, residual fuel oil and refined petroleum products at all levels of marketing and distribution. Provides that the mandatory allocation program established under the regulation shall be so structured as to result in the allocation, during each period during which the regulation applies, of each refined petroleum product to each branded and nonbranded independent marketer, and of crude oil to each independent refiner, in an amount equal to the amount sold or otherwise supplied to such marketer or refiner during the corresponding period of 1972, adjusted to provide for pro rata sharing among marketers and distributors and among refiners. Details the procedures for calculating such adjustments. States that such adjustments may be made only upon a finding that, to the maximum extent practicable, protection of the objectives of this Act are attained. Exempts from regulation the price of crude oil produced in a calendar month by any well, the average daily production of which did not exceed 10 barrels per day during the month preceding such calendar month. Provides that specified regulations of the Economic Stabilization Act of 1970 shall apply to the regulation promulgated under this Act and to any action taken by the President (or his delegate) under this Act. States that whenever it is necessary for two or more persons engaged in the business of producing, refining, marketing, or distributing crude oil, residual fuel oil, or any refined petroleum product to meet in such a fashion that might otherwise be construed to constitute a violation of the antitrust laws, such persons may do so only upon an order of the President (or of a person to whom the President has delegated authority). Directs the Federal Trade Commission to monitor the program established under such regulation; and, not later than sixty days after such effective date, to report to the President and to the Congress respecting the effectiveness of this Act and actions taken pursuant to it.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Reported to House with amendment(s)" stage on September 29, 1973. It describes the bill, it is not the legal text.
Measure laid on table in House, S. 1570 passed in lieu.
Civibrief does not map this action to a stage in the process. See the official record.
Where is it in the process, and what happens next?
The latest action on file does not map to a stage Civibrief recognizes, so the page will not name one. The record's own words are the reliable fact here.
The record's latest action, on October 17, 1973: Measure laid on table in House, S. 1570 passed in lieu.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 93rd Congress (1973-74), 651 of the 23,396 bills and joint resolutions introduced became law, about 2.8 percent. That count covers every measure at every stage, including the many that never left committee.
This one has no outstanding steps listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
TORBERT MACDONALD (D-MA) introduced it on July 30, 1973. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on July 30, 1973, 19400 days ago. The most recent recorded action was 19321 days ago, on October 17, 1973.
Measures do not carry over. Anything the 93rd Congress has not finished by January 3, 1975 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseMeasure laid on table in House, S. 1570 passed in lieu.
- SenateNot stated in the latest action
- PresidentNot stated in the latest action