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U.S. Department of Energy
Office of Scientific and Technical Information

Update on DOE's oil pricing regulations

Conference · · Annu Southwestern Legal Found Inst on Oil and Gas Law and Taxation Proc; (United States)
OSTI ID:6170043
When crude oil price controls expire not later than September 30, 1981, domestic producers will have been under price controls for ca. 8 years. Although the expected termination of crude oil price controls is welcome and bodes well for the development of further domestic supplies of energy, the creation of a series of new regulatory concepts may signal a wave of new enforcement action and litigation. The adoption of final regulations, effective January 1, 1981, imposes upon producers the obligation to certify to DOE the basis upon which properties are certified as newly discovered, and imposing substantial and explicit record maintenance requirements on producers may be the first step in that process. Details of past and present regulations are presented.
OSTI ID:
6170043
Report Number(s):
CONF-8102106-
Conference Information:
Journal Name: Annu Southwestern Legal Found Inst on Oil and Gas Law and Taxation Proc; (United States) Journal Volume: 32
Country of Publication:
United States
Language:
English