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
The President may, by rule, require that persons engaged in producing, transporting, refining, distributing, or storing petroleum products, take such action as he determines to be necessary for implementation of the obligations of the United States under chapters III and IV of the international energy program insofar as such obligations relate to the international allocation of petroleum products. Allocation under such rule shall be in such amounts and at such prices as are specified in (or determined in a manner prescribed by) such rule. Such rule may apply to any petroleum product owned or controlled by any person described in the first sentence of this subsection who is subject to the jurisdiction of the United States, including any petroleum product destined, directly or indirectly, for import into the United States or any foreign country, or produced in the United States. Subject to subsection (b)(2), such a rule shall remain in effect until amended or rescinded by the President.
Prerequisites to rule taking effect; time rule may be put into effect or remain in effect
11 See References in Text note below. Consistency of rule with attainment of objectives specified in section 753(b)(1) of title 15; limitation on authority of officers or agencies of United States
Nonapplicability of export restrictions under other laws
1section 185(u) of title 30Neither section 6212 of this title nor shall preclude the allocation and export, to other countries in accordance with this section, of petroleum products produced in the United States.
Prerequisites for effectiveness of rule
Pub. L. 94–163, title II, § 25189 Stat. 894Pub. L. 97–229, § 2(b)(1)96 Stat. 248Pub. L. 105–177, § 1(3)112 Stat. 105(, , ; , , ; , , .)
Editorial Notes
References in Text
Section 753 of title 15section 760g of Title 15, referred to in subsec. (c), was omitted from the Code pursuant to , Commerce and Trade, which provided for the expiration of the President’s authority under that section on .
Section 6212 of this titlePub. L. 114–113, div. O, title I, § 101(a)129 Stat. 2987, referred to in subsec. (d), was repealed by , , .
Amendments
Pub. L. 105–177l1998—Subsec. (e)(1). substituted reference to section 6272(k)(1) for reference to section 6272()(1).
Pub. L. 97–2291982—Subsec. (e). added subsec. (e).