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U.S. Department of Energy
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Energy legislation in the 94th Congress. A summary report prepared by the Congressional Research Service at the request of Henry M. Jackson, Chairman, Committee on Interior and Insular Affairs, United States Senate pursuant to S. Res. 45, a national fuels and energy policy study

Book ·
OSTI ID:7331073
A review of energy issues pursued by the 94th Congress indicates a turning point in the development of a consensus with the Administration on new energy policies. Provisions of five major bills were combined to form the Energy Policy and Conservation Act (Public Law 94-163), namely: Standby Energy Authorities Act, Strategic Energy Reserves Act, Energy Conservation and Oil Economy Act, Energy Labeling and Disclosure Act, and Automobile Fuel Economy Act; in addition, the EPCA amended and extended the Emergency Petroleum Allocation Act. The Energy Conservation and Production Act (Public Law 94-385) combines and modifies provisions of the proposed Energy Conservation in Buildings Act, a comprehensive Energy Conservation Act, and a bill extending the Federal Energy Administration. At least seven of the Administration's 13 legislative requests were incorporated in these two Acts. Distinctive features of this Congress are the package approach of combining bills, a repeal of oil depletion allowances and a new approach to oil pricing, and the concept of quantitative restrictions to lower energy demand and energy dependence. Still to be dealt with by the 95th Congress are revisions of the Clean Air Act, regulatory procedural and investment credit changes for utilities, deregulation of natural gas wellhead prices, and measures to speed up coal, nuclear, and other facility sitings. Before a truly comprehensive policy can evolve, the U.S. must determine the relative priorities to be given to each energy source and how energy development is to be paid for and managed. (DCK)
OSTI ID:
7331073
Country of Publication:
United States
Language:
English