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§ 764. —  Specific functions and purposes.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC764]

 
                      TITLE 15--COMMERCE AND TRADE
 
               CHAPTER 16B--FEDERAL ENERGY ADMINISTRATION
 
               SUBCHAPTER I--FEDERAL ENERGY ADMINISTRATION
 
Sec. 764. Specific functions and purposes


(a) Limitation on discretionary powers

    Subject to the provisions and procedures set forth in this chapter, 
the Administrator shall be responsible for such actions as are taken to 
assure that adequate provision is made to meet the energy needs of the 
Nation. To that end, he shall make such plans and direct and conduct 
such programs related to the production, conservation, use, control, 
distribution, rationing, and allocation of all forms of energy as are 
appropriate in connection with only those authorities or functions--
        (1) specifically transferred to or vested in him by or pursuant 
    to this chapter;
        (2) delegated to him by the President pursuant to specific 
    authority vested in the President by law; and
        (3) otherwise specifically vested in the Administrator by the 
    Congress.

(b) Duties

    To the extent authorized by subsection (a) of this section, the 
Administrator shall--
        (1) advise the President and the Congress with respect to the 
    establishment of a comprehensive national energy policy in relation 
    to the energy matters for which the Administration has 
    responsibility, and, in coordination with the Secretary of State, 
    the integration of domestic and foreign policies relating to energy 
    resource management;
        (2) assess the adequacy of energy resources to meet demands in 
    the immediate and longer range future for all sectors of the economy 
    and for the general public;
        (3) develop effective arrangements for the participation of 
    State and local governments in the resolution of energy problems;
        (4) develop plans and programs for dealing with energy 
    production shortages;
        (5) promote stability in energy prices to the consumer, promote 
    free and open competition in all aspects of the energy field, 
    prevent unreasonable profits within the various segments of the 
    energy industry, and promote free enterprise;
        (6) assure that energy programs are designed and implemented in 
    a fair and efficient manner so as to minimize hardship and inequity 
    while assuring that the priority needs of the Nation are met;
        (7) develop and oversee the implementation of equitable 
    voluntary and mandatory energy conservation programs and promote 
    efficiencies in the use of energy resources;
        (8) develop and recommend policies on the import and export of 
    energy resources;
        (9) collect, evaluate, assemble, and analyze energy information 
    on reserves, production, demand, and related economic data;
        (10) work with business, labor, consumer and other interests and 
    obtain their cooperation;
        (11) in administering any pricing authority, provide by rule, 
    for equitable allocation of all component costs of producing propane 
    gas. Such rules may require that (a) only those costs directly 
    related to the production of propane may be allocated by any 
    producer to such gas for purposes of establishing any price for 
    propane, and (b) prices for propane shall be based on the prices for 
    propane in effect on May 15, 1973. The Administrator shall not allow 
    costs attributable to changes in ownership and movement of propane 
    gas where, in the opinion of the Administrator, such changes in 
    ownership and movement occur primarily for the purpose of 
    establishing a higher price; and
        (12) perform such other functions as may be prescribed by law.

(c) Exercise of delegated discretion concerning exemptions

    (1) The Administrator shall not exercise the discretion delegated to 
him by the President, pursuant to section 754(b) \1\ of this title, to 
submit to the Congress as one energy action any amendment to the 
regulation under section 753(a) \1\ of this title, pursuant to section 
760a \1\ of this title, which amendment exempts any oil, refined 
petroleum product, or refined product category from both the allocation 
and pricing provisions of the regulation under section 753 \1\ of this 
title.
---------------------------------------------------------------------------
    \1\ See References in Text note below.
---------------------------------------------------------------------------
    (2) Nothing in this subsection shall prevent the Administrator from 
concurrently submitting an energy action relating to price together with 
an energy action relating to allocation of the same oil, refined 
petroleum product, or refined product category.

(Pub. L. 93-275, Sec. 5, May 7, 1974, 88 Stat. 98; Pub. L. 94-385, title 
I, Sec. 102, Aug. 14, 1976, 90 Stat. 1127.)

                       References in Text

    Sections 753, 754, and 760a of this title, referred to in subsec. 
(c)(1), were omitted from the Code pursuant to section 760g of this 
title, which provided for the expiration of the President's authority 
under those sections on Sept. 30, 1981.


                               Amendments

    1976--Subsec. (c). Pub. L. 94-385 added subsec. (c).

                          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 sections 7151(a) and 7293 of Title 
42, The Public Health and Welfare.



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