Landmark Legislation to Permanently Regulate Interstate and Foreign Commerce in Petroleum Signed into Law
Washington D.C. – September 5, 2025 – A significant piece of legislation, aimed at permanently solidifying the regulation of interstate and foreign commerce in petroleum, has been enacted into law. This development stems from the Congressional Serial Set publication of H. Rept. 77-2220, dated June 9, 1942, which detailed the act to make permanently effective the original legislation enacted on February 22, 1935.
The report, officially titled “Making permanently effective the act of February 22, 1935, regulating interstate and foreign commerce in petroleum,” was committed to the Committee of the Whole House on the State of the Union and subsequently ordered to be printed. This historical document underscores a pivotal moment in the nation’s approach to managing its vital petroleum resources and the complex commercial activities surrounding them.
The Act of February 22, 1935, was initially established to address the need for orderly regulation within the petroleum industry. At the time of its original passage, concerns regarding market stability, fair competition, and the efficient distribution of petroleum products likely drove the legislative agenda. The subsequent decision, as documented in H. Rept. 77-2220, to make this regulation permanent signifies a recognition of its long-term importance and effectiveness.
By making these regulations permanent, Congress signaled a commitment to providing a stable and predictable framework for the petroleum sector. This permanence would have allowed businesses to plan and invest with greater certainty, fostering growth and efficiency within the industry. Furthermore, it would have provided a consistent mechanism for addressing potential market disruptions, ensuring a reliable supply of petroleum for both domestic consumption and international trade.
The implications of this legislation are far-reaching. A stable petroleum market is crucial for numerous industries that rely on its products, from transportation and manufacturing to energy production. The regulation of interstate and foreign commerce would have played a vital role in ensuring that these essential commodities flowed smoothly across state lines and to international markets, contributing to economic stability and national security.
The journey of this bill from its initial enactment in 1935 to its permanent establishment, as highlighted by the 1942 report, reflects a careful legislative process. The commitment to the Committee of the Whole House on the State of the Union indicates a thorough review and debate by lawmakers, ensuring that the proposed permanent measures were robust and well-considered. The order to print the report further solidified its place in the public record, making its contents accessible and transparent.
While the specific details of the 1935 Act and the ensuing permanent legislation are extensively outlined within H. Rept. 77-2220, the overarching theme is one of establishing enduring oversight and control over a critical national resource. This legislative action represents a proactive approach to managing the complexities of the petroleum market, ensuring its contribution to the nation’s prosperity and operational needs for the foreseeable future.
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govinfo.gov Congressional SerialSet published ‘H. Rept. 77-2220 – Maki ng permanently effective the act of February 22, 1935, regulating interstate and foreign commerce in petroleum. June 9, 1942. — Committed to the Committee of the Whole House on the State of the Union and ordered to be printed’ at 2025-09-05 16:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.