Page:United States Statutes at Large Volume 90 Part 1.djvu/1184

 90 STAT. 1134

15 USC 753.

"Tertiary enhanced recovery techniques."

Rule.

PUBLIC LAW 94-385—AUG. 14, 1976 (6) in subsection (f)(2), by striking out " The President may " and inserting in lieu thereof " O n March 15, 1977, the President may"; (7) in subsection (f)(2)(A), by striking out "or modification", and by striking out "as may have been amended pursuant to subsection (e) "; (8) in subsection (f)(5), by striking out "or modify", and by striking out "or of a modification of such adjustment"; and (9) by a d d i n g at the end thereof the following new subsection: " (j)(1) A s soon as practicable after the date of enactment of this subsection, taking into consideration the greater flexibility provided by the amendments relating to the production incentive adjustment under section 122 of the Energy Conservation and Production Act, the President shall promulgate such amendments to the regulation under section 4(a) (relating to price) as shall (A) provide additional price incentives for bona fide tertiary enhanced recovery techniques and (B) provide for the adjustment of differentials in ceiling prices for crude oil that are the result of gravity differentials which are arbitrary, discriminatory, applied on a regional or local basis without reasonable justification, or fail substantially to reflect current relative market valuations of such differentials. " (2) As used in this subsection, the term 'tertiary enhanced recovery techniques' means extraordinary and h i g h cost enhancement technologies of a type associated with tertiary applications including, to the extent that such techniques would be uneconomical without additional price incentives, miscible fluid or gas injection, chemical flooding, steam flooding, microemulsion flooding, in situ combustion, cyclic steam injection, polymer flooding, and caustic flooding and variations of the same. The President shall have authority to further define the term by rule.". CONSTRUCTION OF REFINERIES BY SMALL, AND INDEPENDENT

15 USC 753 note.

15 USC 753.

Report to Congress. "Small refiner" and "independent refiner." ^



15 USC 757 note. 15 USC 757.

REFINERS

SEC. 123. (a) I t is the intent of the Congress that, for the purpose of fostering construction of new refineries by small and independent refiners in the United States, the Administrator of the Federal Energy Administration shall take such action, within his authority under other law consistent with the attainment, to the maximum extent practicable, of the objectives under section 4(b)(1)(D) of the Emergency Petroleum Allocation Act of 1973, as the A d m i n i s t r a to r determines necessary to insure that rules, regulations, or orders issued by him do not impose unreasonably, unnecessary, or discriminatory barriers to entry for small refiners and independent refiners. (b) Not later than April 1, 1977, the Administrator shall report to the Congress with respect to actions taken to carry out the policies i n subsection (a). (c) For the purposes of this section the terms "small refiner" and "independent refiner" have the same meaning as such terms have under the Emergency Petroleum Allocation Act of 1973. EFFECTIVE DATE OF EPAA AMENDMENTS

SEC. 124. The amendments made to section 8 of the Emergency Petroleum Allocation Act by section 122 of this Act shall take effect on the date of enactment of this Act. The amendments made to section 8 of such Act by section 121 of this Act shall take effect on the first day of the first full month which begins after the date of enactment of this Act.

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