§782 Petrochemical report to Congress

Summary

Within ninety days after taking office, the Administrator or acting Administrator must send a written report to Congress. With help from the Department of Commerce, the Cost of Living Council, and the U.S. International Trade Commission, the report must cover five things about petrochemicals now and for 1975: how current prices affect exports and expected 1975 exports; how current and expected 1975 export levels affect the raw materials and products available to U.S. producers, converters, and fabricators; how much imports now and in 1975 add to U.S. supplies; the expected economic effects on domestic producers, converters, and fabricators from current and expected 1975 supply levels; and the exact data and information the federal government has and used for the report, including sources. "Petrochemical" here includes items such as organic chemicals and cyclic intermediates; plastics and resins; synthetic fibers; elastomers; organic dyes and pigments; detergents and surface-active agents; carbon black; and ammonia.