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U.S. Department of Energy
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Competitive impact of DOE gasoline allocation and price regulations. Hearings before the Select Committee on Small Business, United States Senate, Ninety-Sixth Congress, first session September 11 and 26, 1979

Book ·
OSTI ID:6556932
The hearings were conducted to focus on the effect of DOE's gasoline allocation and pricing regulations on independent gasoline marketers. Congressional concern for the health of the independent sector of the petroleum industry and the desire of the Congress to establish effective mechanisms to address the problems facing these businessmen predate the Arab oil embargo. Three main areas are addressed: (1) the sheet volume and complexity of the regulations; (2) the downward certification rule that DOE planned to put into effect on October 1, 1979 and the effect of that rule on the competitive viability of independent retailers, jobbers, and terminal operators, as well as its effect on the regional supply problems; and (3) the 15.4-cent price rule which went into effect in July 1979 for independent retailers only. Statements were heard from 4 US Senators and 10 additional witnesses from the public domain and DOE. (MCW)
OSTI ID:
6556932
Country of Publication:
United States
Language:
English