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§ 774. —  Reports and recommendations.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC774]

 
                      TITLE 15--COMMERCE AND TRADE
 
               CHAPTER 16B--FEDERAL ENERGY ADMINISTRATION
 
               SUBCHAPTER I--FEDERAL ENERGY ADMINISTRATION
 
Sec. 774. Reports and recommendations


(a) Administrator's initial submittal to President and Congress

    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) Administrator's annual report to Congress; contents

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

In the first annual report submitted after August 14, 1976, the 
Administrator shall include in such report with respect to the analysis 
referred to in paragraph (6) a specific discussion of the utility and 
relative benefits of employing a Btu tax as a means for obtaining 
national energy goals.

(c) Citizen fuel use; summer guidelines

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

(d) Administrator's interim reports to Congress

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

(e) Energy needs analysis; time for submission; contents; continuation 
        of analysis after termination of Administration

    The analysis referred to in subsection (b)(6) of this section 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.

Notwithstanding the termination of this chapter, the President shall 
designate an appropriate Federal agency to conduct the analysis 
specified in subsection (b)(6) of this section.

(Pub. L. 93-275, Sec. 15, May 7, 1974, 88 Stat. 108; Pub. L. 94-385, 
title I, Sec. 109(a)-(c), Aug. 14, 1976, 90 Stat. 1130.)

                       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, Sec. 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, Sec. 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, Sec. 109(a)(2), (c), 
redesignated subsecs. (c) to (e) as (b) to (d), respectively, and added 
new subsec. (e).

                          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.

                  Section Referred to in Other Sections

    This section is referred to in title 42 sections 5819, 7267.



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