42 USC 6271 - International oil allocations

U.S Code last checked for updates: Nov 22, 2024

§ 6271.

International oil allocations

(a)

Authority of President to prescribe rules for implementation of obligations of United States relating to international allocation of petroleum products; amounts of allocation and prices; petroleum products subject to rule; term of rule

(b)

Prerequisites to rule taking effect; time rule may be put into effect or remain in effect

(1)

No rule under subsection (a) may take effect unless the President—

(A)

has transmitted such rule to the Congress;

(B)

has found that putting such rule into effect is required in order to fulfill obligations of the United States under the international energy program; and

(C)

has transmitted such finding to the Congress, together with a statement of the effective date and manner for exercise of such rule.

(2)

No rule under subsection (b) may be put into effect or remain in effect after the expiration of 12 months after the date such rule was transmitted to Congress under paragraph (1)(A).

(c)

Consistency of rule with attainment of objectives specified in section 753(b)(1) 1

 See References in Text note below.

of title 15; limitation on authority of officers or agencies of United States

(1)

Any rule under this section shall be consistent with the attainment, to the maximum extent practicable, of the objectives specified in section 753(b)(1) ¹ of title 15.

(2)

No officer or agency of the United States shall have any authority, other than authority under this section, to require that petroleum products be allocated to other countries for the purpose of implementation of the obligations of the United States under the international energy program.

(d)

Nonapplicability of export restrictions under other laws

(e)

Prerequisites for effectiveness of rule

No rule under this section may be put into effect unless—

(1)

an international energy supply emergency, as defined in the first sentence of section 6272(k)(1) of this title, is in effect; and

(2)

the allocation of available oil referred to in chapter III of the international energy program has been activated pursuant to chapter IV of such program.

(Pub. L. 94–163, title II, § 251, Dec. 22, 1975, 89 Stat. 894; Pub. L. 97–229, § 2(b)(1), Aug. 3, 1982, 96 Stat. 248; Pub. L. 105–177, § 1(3), June 1, 1998, 112 Stat. 105.)

cite as: 42 USC 6271