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Electronic Code of Federal Regulations

e-CFR Data is current as of October 21, 2014

Title 10Chapter IISubchapter APart 218Subpart A → §218.1


Title 10: Energy
PART 218—STANDBY MANDATORY INTERNATIONAL OIL ALLOCATION
Subpart A—General Provisions


§218.1   Purpose and scope.

(a) This part implements section 251 of the Energy Policy and Conservation Act (Pub. L. 94-163) (42 U.S.C. 6271), as amended, which authorizes the President to take such action as he determines to be necessary for performance of the obligations of the United States under chapters III and IV of the Agreement on an International Energy Program (TIAS 8278), insofar as such obligations relate to the mandatory international allocation of oil by International Energy Program participating countries.

(b) Applicability. This part applies to any firm engaged in producing, transporting, refining, distributing or storing oil which is subject to the jurisdiction of the United States.



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