Federal · Title 15 — Commerce and Trade

15 U.S.C. § 774: Reports and recommendations

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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. a review and analysis of the major actions taken by the Administrator; an analysis of the impact these actions have had on the Nation’s civilian requirements for energy supplies for materials and commodities; minimize deficiencies of energy supplies in relation to needs; maintain the health and safety of citizens; maintain production and employment at the highest feasible level; equitably share the burden of shortages among individuals and business firms; and minimize any distortion of voluntary choices of individuals and firms; a summary listing of all recipients of funds and the amount thereof within the preceding period; a summary listing of information-gathering activities conducted under section 772 of this title ; and 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. Not later than thirty days after the effective date of this chapter, the Administrator shall issue preliminary summer guidelines for citizen fuel use. The Administrator shall provide interim reports to the Congress from time to time and when requested by committees of Congress. the effect of various conservation programs on such energy needs; the relative capital and other economic costs of each such method; the relative environmental, national security, and balance-of-trade risks of each such method; the other relevant advantages and disadvantages of each such method; and 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.

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