Determination of Excess Petroleum Violation Escrow Funds for Fiscal Year 1997

Zusammenfassung

The Petroleum Overcharge Distribution and Restitution Act of 1986 requires the Secretary of Energy to determine annually the amount of oil overcharge funds held in escrow that is in excess of the amount needed to make restitution to injured parties. Notice is hereby given that $29,996,617 of the amounts currently in escrow is determined to be excess funds for fiscal year 1997. Pursuant to the statutory directive, these funds will be made available to state governments for use in specified energy conservation programs.