§774 — Title 15 Commerce and Trade | U.S. Code

Summary

Within one year after this chapter takes effect, the Administrator must send the President and Congress a full, independent report on U.S. oil and gas reserves and resources, including the Outer Continental Shelf. The report must show current production capacity and how much crude oil and each major petroleum product could be produced each year for the next ten years if available technology and capacity were fully used. The Federal Trade Commission will prepare the data part. Federal agencies must give needed estimates and data unless the law forbids it. The report must also recommend ways to improve federal energy data and how it is collected. Every year after May 7, 1974, the Administrator must send an annual report to the President and Congress. Each report must review the Administrator’s main actions; explain their effects on civilian energy needs; project midterm and long‑term supplies for each major fuel and possible shortages; and recommend steps to reduce shortages, protect health and safety, keep production and jobs high, share shortages fairly, and avoid forcing people’s choices. It must list recipients of funds and amounts, summarize information‑gathering under section 772, and analyze how to meet U.S. energy needs with tax and non‑tax options and conservation. That analysis must cover the next five fiscal years and the tenth fiscal year, show how conservation programs affect needs, compare alternative methods (including capital and other costs, environmental, national security, and trade risks, and other pros and cons), and recommend the best methods and any needed legislation. The Administrator must issue preliminary summer fuel‑use guidelines within 30 days of the effective date and provide interim reports to Congress when requested.

Title 15, §774

Commerce and Trade — Source: USLM XML via OLRC

(a)Not later than one year after the effective date of this chapter, the Administrator shall submit a report to the President and Congress which will provide a complete and independent analysis of actual oil and gas reserves and resources in the United States and its Outer Continental Shelf, as well as of the existing productive capacity and the extent to which such capacity could be increased for crude oil and each major petroleum product each year for the next ten years through full utilization of available technology and capacity. The report shall also contain the Administration’s recommendations for improving the utilization and effectiveness of Federal energy data and its manner of collection. The data collection and analysis portion of this report shall be prepared by the Federal Trade Commission for the Administration. Unless specifically prohibited by law, all Federal agencies shall make available estimates, statistics, data and other information in their files which, in the judgment of the Commission or Administration, are necessary for the purposes of this subsection.

(b)The Administrator shall prepare and submit directly to the Congress and the President every year after May 7, 1974, a report which shall include—

(1)a review and analysis of the major actions taken by the Administrator;

(2)an analysis of the impact these actions have had on the Nation’s civilian requirements for energy supplies for materials and commodities;

(3)a projection of the energy supply for the midterm and long term for each of the major types of fuel and the potential size and impact of any anticipated shortages, including recommendations for measures to—

(A)minimize deficiencies of energy supplies in relation to needs;

(B)maintain the health and safety of citizens;

(C)maintain production and employment at the highest feasible level;

(D)equitably share the burden of shortages among individuals and business firms; and

(E)minimize any distortion of voluntary choices of individuals and firms;

(4)a summary listing of all recipients of funds and the amount thereof within the preceding period;

(5)a summary listing of information-gathering activities conducted under section 772 of this title; and

(6)an analysis of the energy needs of the United States and the methods by which such needs can be met, including both tax and nontax proposals and energy conservation strategies.

(c)Not later than thirty days after the effective date of this chapter, the Administrator shall issue preliminary summer guidelines for citizen fuel use.

(d)The Administrator shall provide interim reports to the Congress from time to time and when requested by committees of Congress.

(e)The analysis referred to in subsection (b)(6) shall include, for each of the next five fiscal years following the year in which the annual report is submitted and for the tenth fiscal year following such year—

(1)the effect of various conservation programs on such energy needs;

(2)the alternate methods of meeting the energy needs identified in such annual report and of—

(A)the relative capital and other economic costs of each such method;

(B)the relative environmental, national security, and balance-of-trade risks of each such method;

(C)the other relevant advantages and disadvantages of each such method; and

(3)recommendations for the best method or methods of meeting the energy needs identified in such annual report and for legislation needed to meet those needs.

Notes & Related Subsidiaries

Editorial Notes

References in Text

For

Effective Date

of this chapter, referred to in subsecs. (a) and (c), see Effective and Termination Dates note set out under section 761 of this title.

Amendments

1976—Subsec. (a). Pub. L. 94–385, § 109(a), redesignated subsec. (b) as (a) and struck out former subsec. (a) relating to submission of a report by the President to Congress with recommendations for disposition, continuation, or reorganization of Energy Administration and organization of the Federal Government for the management of energy and natural resources policies and programs. Subsec. (b). Pub. L. 94–385, § 109(a)(2), (b), redesignated subsec. (c) as (b) and added par. (6) and provisions requiring Administrator to include in report a discussion on benefits of employing a utility and Btu tax as a means for obtaining national energy goals. Former subsec. (b) redesignated (a). Subsecs. (c) to (e). Pub. L. 94–385, § 109(a)(2), (c), redesignated subsecs. (c) to (e) as (b) to (d), respectively, and added new subsec. (e).

Statutory Notes and Related Subsidiaries

Transfer of Functions

Federal Energy Administration terminated and functions vested by law in Administrator thereof transferred to Secretary of Energy (unless otherwise specifically provided) by section 7151(a) and 7293 of Title 42, The Public Health and Welfare.

§774 Reports and Recommendations