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U.S. Code as of:
01/19/04
Section 761. Congressional declaration of purpose
(a) Objectives
The Congress hereby declares that the general welfare and the
common defense and security require positive and effective action
to conserve scarce energy supplies, to insure fair and efficient
distribution of, and the maintenance of fair and reasonable
consumer prices for, such supplies, to promote the expansion of
readily usable energy sources, and to assist in developing policies
and plans to meet the energy needs of the Nation.
(b) Necessity for reorganization
The Congress finds that to help achieve these objectives, and to
assure a coordinated and effective approach to overcoming energy
shortages, it is necessary to reorganize certain agencies and
functions of the executive branch and to establish a Federal Energy
Administration.
(c) Creation of Federal Energy Administration
The sole purpose of this chapter is to create an administration
in the executive branch, called the Federal Energy Administration,
to vest in the Administration certain functions as provided in this
chapter, and to transfer to such Administration certain executive
branch functions authorized by other laws, where such transfer is
necessary on an interim basis to deal with the Nation's energy
shortages.
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