FINDINGS AND VIEWS OF THE FEA CONCERNING THE EXEMPTION OF CERTAIN PETROLEUM PRODUCTS FROM MANDATORY ALLOCATION AND PRICE REGULATIONS

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.

  • Supplemental Notes:
    • (PC A21/MF A01)
  • Corporate Authors:

    Federal Energy Administration

    Office of Regulatory Programs
    Washington, DC  USA  20461
  • Publication Date: 1976-10

Media Info

  • Pagination: 449 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00146661
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Report/Paper Numbers: FEA/H-76/441
  • Files: TRIS
  • Created Date: Feb 16 1977 12:00AM