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S.J.Res. 126Became Law

A joint resolution consenting to an extension and renewal of the Interstate Compact to conserve oil and gas.

(Reported to Senate from the Committee on Interior and Insular Affairs with amendment, S. Rept. 94-771)

Interstate Compact - Gives congressional consent to an extension through December 31, 1978, of the interstate compact to conserve oil and gas as signed on February 16, 1935, by 29 States.

Sets forth the provisions of such compact which include the prevention of: (1) the operation of oil wells with an inefficient gas-oil ratio; (2) the drowning of any stratum capable of producing oil or gas in paying quantities; (3) the escape or burning of gas from a natural gas well; (4) the inefficient use or locating of wells; and (5) the creation of unnecessary fire hazards. Requires each State to enact statutes or enforce existing statutes to prevent such problems.

Specifies that compact shall not create or perpetuate price fixing or monopolies.

Sets forth provisions for the administration of the Interstate Oil Compact Commission created by the compact.

Directs the Attorney General to review the activities of any advisory committees to the Commission and the States, and report to the Congress by June 30, 1978, as to whether the activities of any such committees could tend to create or maintain situations inconsistent with the antitrust laws of the United States.

Public law 94-493.

Sen. Jackson, Henry M. [D-WA](D-WA)Sponsor
2 cosponsors2 D
2cosponsors2committees22actions9subjects
  • Public LawOct 15, 1976
  1. PresidentE40000

    Public law 94-493.

  2. BecameLaw36000

    Public law 94-493.

  3. PresidentE30000

    Signed by President.

  4. BecameLaw36000

    Signed by President.

  5. FloorE20000

    Measure presented to President.

  6. President28000

    Measure presented to President.

  7. President

    Measure enrolled in Senate.

  8. PresidentE05000

    Measure enrolled in House.

  9. FloorH37100

    Measure passed House.

  10. Floor8000

    Passed/agreed to in House: Measure passed House.

  11. FloorH30000

    Measure considered in House.

  12. DischargeH12300

    Committee on Interstate and Foreign Commerce discharged in House.

    Energy and Commerce Committee
  13. Committee5500

    Committee on Interstate and Foreign Commerce discharged in House.

    Energy and Commerce Committee
  14. IntroReferralH11100

    Referred to House Committee on Interstate and Foreign Commerce.

    Energy and Commerce Committee
  15. Floor

    Measure passed Senate, amended.

  16. Floor17000

    Passed/agreed to in Senate: Measure passed Senate, amended.

  17. Floor

    Measure considered in Senate.

  18. Floor

    Call of calendar in Senate.

  19. Committee

    Reported to Senate from the Committee on Interior and Insular Affairs with amendment, S. Rept. 94-771.

    Energy and Natural Resources Committee
  20. Committee14000

    Reported to Senate from the Committee on Interior and Insular Affairs with amendment, S. Rept. 94-771.

    Energy and Natural Resources Committee
  21. IntroReferral

    Referred to Senate Committee on Interior and Insular Affairs.

    Energy and Natural Resources Committee
  22. IntroReferral10000

    Introduced in Senate

Apr 29, 197601
(Reported to Senate from the Committee on Interior and Insular Affairs with amendment, S. Rept. 94-771)

Interstate Compact - Gives congressional consent to an extension through December 31, 1978, of the interstate compact to conserve oil and gas as signed on February 16, 1935, by 29 States.

Sets forth the provisions of such compact which include the prevention of: (1) the operation of oil wells with an inefficient gas-oil ratio; (2) the drowning of any stratum capable of producing oil or gas in paying quantities; (3) the escape or burning of gas from a natural gas well; (4) the inefficient use or locating of wells; and (5) the creation of unnecessary fire hazards. Requires each State to enact statutes or enforce existing statutes to prevent such problems.

Specifies that compact shall not create or perpetuate price fixing or monopolies.

Sets forth provisions for the administration of the Interstate Oil Compact Commission created by the compact.

Directs the Attorney General to review the activities of any advisory committees to the Commission and the States, and report to the Congress by June 30, 1978, as to whether the activities of any such committees could tend to create or maintain situations inconsistent with the antitrust laws of the United States.

Sep 11, 197500

Interstate Compact - Gives congressional consent to an extension of the interstate compact to conserve oil and gas as signed on February 16, 1935 by 29 States.

Sets forth the provisions of such compact which include the prevention of: (1) the operation of oil wells with an inefficient gas-oil ratio; (2) the drowning of any stratum capable of producing oil or gas in paying quantities; (3) the escape or burning of gas from a natural gas well; (4) the inefficient use or locating of wells; and (5) the creation of unnecessary fire hazards. Requires each State to enact statutes or enforce existing statutes to prevent such problems.

Specifies that such compact shall not create or perpetuate price fixing or monopolies.

Sets forth provisions for the administration of the Interstate Oil Compact Commission created by the compact.