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Title: Findings and views of the FEA concerning the exemption of certain petroleum products from mandatory allocation and price regulations

Technical Report ·
OSTI ID:7293624

The Energy Policy and Conservation Act of 1975 (Public Law 94-163) provided that refined petroleum products could be exempted from mandatory allocation and price controls if the Federal Energy Administration determined that such exemptions would not result in: (1) shortages of either exempted or regulated products, (2) inequitable prices for any groups of consumers of exempted products, or (3) non-competitive petroleum product market situations. This report discusses the effect of freeing the following refined petroleum products from government allocation and price regulations: (1) residual fuel oil; (2) middle distillate fuel oil; (3) naphtha, gas oils and other special products; and (4) naphtha jet fuel. A review of government regulation of the petroleum industry and the market for the product to be exempted and an analysis of current and projected supply/demand relationships and pricing behavior with respect to each category of products is given. (GRA)

Research Organization:
Federal Energy Administration, Washington, D.C. (USA)
OSTI ID:
7293624
Report Number(s):
PB-259315; FEA/H-76/441
Country of Publication:
United States
Language:
English