In December 1975, Energy Policy and Conservation Act directed the FEA to change petroleum pricing regulations such that crude oil prices would rise gradually. Additionally, subject to congressional review, the FEA could now remove refined petroleum products from pricing controls. By June 1976, fuel oil, middle distillates, naphtha, and gas oils were no longer under pricing controls.[7]
The Federal Energy Administration Act created the first U.S. agency with the primary focus on energy and mandated it to collect, assemble, evaluate, and analyze energy information. It also provided FEA with data collection enforcement authority for gathering data from energy producing and major consuming firms. Section 52 of the FEA Act mandated establishment of the National Energy Information System to "contain such energy information as is necessary to carry out the Administration’s statistical and forecasting activities."
Gorman Smith, Acting (February 1977 – June 1977)[7]
References
^Staff report (May 8, 1974). Energy Crisis Still With Us, Nixon Warns. Los Angeles Times
^Vietor, Richard H. K. (1987). Energy Policy in America Since 1945: A Study of Business-Government Relations. Cambridge University Press, ISBN978-0-521-33572-0
^McKie, James (1975). "The United States". Daedalus. 104: 83–84. JSTOR20024363.