S.319 - New England States Fuel Oil Act93rd Congress (1973-1974)
|Sponsor:||Sen. Ribicoff, Abraham A. [D-CT] (Introduced 01/11/1973)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 01/11/1973 Referred to Senate Committee on Finance. (All Actions)|
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Summary: S.319 — 93rd Congress (1973-1974)All Information (Except Text)
Introduced in Senate (01/11/1973)
New England States Fuel Oil Act - Authorizes the importation of No. 2 home heating oil, without regard to the existing quota system on petroleum products, for the purpose of residential heating in the New England States and authorizes the creation of a Northeast Oil Area.
Removes the restrictions on the import of No. 2 home heating oil into the New England States.
Directs the Secretary of State to undertake negotiations with the Government of Canada to eliminate all trade restrictions in petroleum and petroleum products between the United States and Canada and for the establishing of a "Northeastern Regional Oil Area" consisting of Eastern Canada and the New England States. Directs the Secretary to report to Congress within one year, and each year thereafter until the negotiations are successful.