15 U.S.C. § 6408 — Market survey and consumer protection
submitted 30 years ago by Pub. L. 104-284 to r/title-15-COMMERCE-AND-TRADE · 299 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Beginning 2 years after establishment of the Council* and annually thereafter, the Secretary* of Commerce, using the refiner price to end users of consumer grade propane*, as published by the Energy Information Administration* and other public sources, shall prepare and make available to the Council, the Secretary of Energy, and the public an analysis of changes in the price of propane relative to other energy sources. The propane price analysis shall compare indexed changes in the price of consumer grade propane to a composite of indexed changes in the price of residential electricity, residential natural gas, and refiner price to end users of No. 2 fuel oil on an annual national average basis. For purposes of indexing changes in consumer grade propane, residential electricity, residential natural gas, and end user No. 2 fuel oil prices, the Secretary of Commerce shall use a 5-year rolling average price beginning with the year 4 years prior to the establishment of the Council.
If in any year the 5-year average rolling price index of consumer grade propane exceeds the 5-year rolling average price composite index of residential electricity, residential natural gas, and refiner price to end users of No. 2 fuel oil in an amount greater than 10.1 percent, the activities of the Council shall be restricted to research and development, training, and safety matters. The Council shall inform the Secretary of Energy and the Congress of any restriction of activities under this subsection. Upon expiration of 180 days after the beginning of any such restriction of activities, the Secretary of Commerce shall again conduct the propane price analysis described in subsection (a). Activities of the Council shall continue to be restricted under this subsection until the price index excess is 10.1 percent or less.
Source credit: (Pub. L. 104–284, § 9, Oct. 11, 1996, 110 Stat. 3375; Pub. L. 113–269, § 2(b), Dec. 18, 2014, 128 Stat. 2947.)
- 1996Enacted · Pub. L. 104-284 · 110 Stat. 3375
- 2014Amended · Pub. L. 113-269 · 128 Stat. 2947
A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-284 on 1996-10-11.
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