Title 15 — Commerce and Trade
Chapter 90 — Propane Education and Research
§ 6408. Market survey and consumer protection
Statutory text
Price analysis
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.
Authority to restrict activities
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Propane Education and Research Act of 1996
Pub. L. 104–284 § 9 · 110 Stat. 3370
Enacted · 15 U.S.C. § 6408
Pub. L. 104–284, § 9, Oct. 11, 1996, 110 Stat. 3375
Source evidence
Code source credit
Pub. L. 104–284, § 9, Oct. 11, 1996, 110 Stat. 3375Enacted provision · exact public law section
SEC. 9. MARKET SURVEY AND CONSUMER PROTECTION. (a) Price Analysis.— Beginning 2 years after establishment of the Council and annually thereafter, the Secretary of Commerce, using only data provided 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. (b) Authority To Restrict Activities.— 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.Propane Education and Research Enhancement Act of 2014
Pub. L. 113–269 § 2(b) · 128 Stat. 2947
Substituted · 15 U.S.C. § 6408(a)
Pub. L. 113–269 substituted “the refiner price to end users of consumer grade propane, as published by the Energy Information Administration” for “only data provided by the Energy Information Administration”
Source evidence
Code amendment note
Subsec. (a). Pub. L. 113–269 substituted “the refiner price to end users of consumer grade propane, as published by the Energy Information Administration” for “only data provided by the Energy Information Administration”.Enacted provision · exact public law section
(b) Market Survey and Consumer Protection Price Analysis.— Section 9(a) of the Propane Education and Research Act of 1996 (15 U.S.C. 6408(a)) is amended in the first sentence by striking “only data provided by the Energy Information Administration” and inserting “the refiner price to end users of consumer grade propane, as published by the Energy Information Administration”.
2 of 2 references resolved to an enrolled provision
Editorial Notes
Amendments
2014—Subsec. (a). Pub. L. 113–269 substituted “the refiner price to end users of consumer grade propane, as published by the Energy Information Administration” for “only data provided by the Energy Information Administration”.
Credits
1996–2014 · 2 acts
Show as published
(Pub. L. 104–284, § 9, , 110 Stat. 3375; Pub. L. 113–269, § 2(b), , 128 Stat. 2947.)