[Code of Federal Regulations]
[Title 10, Volume 3]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 10CFR218.10]

[Page 71-72]
 
                            TITLE 10--ENERGY
 
                    CHAPTER II--DEPARTMENT OF ENERGY
 
PART 218_STANDBY MANDATORY INTERNATIONAL OIL ALLOCATION--Table of Contents
 
                         Subpart B_Supply Orders
 
Sec. 218.10  Rule.


    (a) Upon the determination by the President that an international 
energy supply emergency exists, firms engaged in producing, 
transporting, refining, distributing, or storing oil shall take such 
actions as are determined by the DOE to be necessary for implementation 
of the obligations of the United States under chapters III and IV of the 
IEP that relate to the mandatory international allocation of oil by IEP 
participating countries.
    (b) Any actions required in accordance with paragraph (a) of this 
section shall be stated in supply orders issued by DOE.
    (c) No firm to which a supply order is issued shall be required to 
comply with such order unless the firm to which the oil is to be 
provided in accordance with

[[Page 72]]

such supply order has agreed to a procedure for the resolution of any 
dispute related to the terms and conditions of the sale undertaken 
pursuant to the supply order. The means for resolving any such disputes 
may include any procedures that are mutally acceptable to the parties, 
including arbitration before the IEA if the IEA has established 
arbitration procedures, arbitration or adjudication before an 
appropriate body, or any other similar procedure.