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15 U.S. Code § 717z. Emergency conversion of utilities and other facilities
(a) Presidential declarationThe President may declare a natural gas supply emergency (or extend a previously declared emergency) if he finds that—
(1)
a severe natural gas shortage, endangering the supply of natural gas for high-priority uses, exists or is imminent in the United States or in any region thereof; and
(2)
the exercise of authorities under this section is reasonably necessary, having exhausted other alternatives (not including section 3363 of this title) to the maximum extent practicable, to assist in meeting natural gas requirements for such high-priority uses.
(b) Limitation
(1) Any declaration of a natural gas supply emergency (or extension thereof) under subsection (a), shall terminate at the earlier of—
(A)
the date on which the President finds that any shortage described in subsection (a) does not exist or is not imminent; or
(B)
120 days after the date of such declaration of emergency (or extension thereof).