2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 90 - Propane Education and Research (Sections 6401 - 6411)
Sec. 6408 - Market survey and consumer protection

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Metadata

Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 90 - PROPANE EDUCATION AND RESEARCH
Sec. 6408 - Market survey and consumer protection
Containssection 6408
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditPub. L. 104-284, §9, Oct. 11, 1996, 110 Stat. 3375; Pub. L. 113-269, §2(b), Dec. 18, 2014, 128 Stat. 2947.
Statutes at Large References110 Stat. 3375
128 Stat. 2947
Public and Private LawsPublic Law 104-284, Public Law 113-269

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15 U.S.C. § 6408 (2015)

§6408. Market survey and consumer protection

(a) 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.

(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.

(Pub. L. 104–284, §9, Oct. 11, 1996, 110 Stat. 3375; Pub. L. 113–269, §2(b), Dec. 18, 2014, 128 Stat. 2947.)

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".

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