
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC715c]

 
                      TITLE 15--COMMERCE AND TRADE
 
      CHAPTER 15A--INTERSTATE TRANSPORTATION OF PETROLEUM PRODUCTS
 
Sec. 715c. Suspension of operation of section 715b of this title

    Whenever the President finds that the amount of petroleum and 
petroleum products moving in interstate commerce is so limited as to be 
the cause, in whole or in part, of a lack of parity between supply 
(including imports and reasonable withdrawals from storage) and 
consumptive demand (including exports and reasonable additions to 
storage) resulting in an undue burden on or restriction of interstate 
commerce in petroleum and petroleum products, he shall by proclamation 
declare such finding, and thereupon the provisions of section 715b of 
this title shall be inoperative until such time as the President shall 
find and by proclamation declare that the conditions which gave rise to 
the suspension of the operation of the provisions of such section no 
longer exist. If any provision of this section or the application 
thereof shall be held to be invalid, the validity of application of 
section 715b of this title shall not be affected thereby.

(Feb. 22, 1935, ch. 18, Sec. 4, 49 Stat. 31.)
