Pt. 1: Reviews national fuel shortage and impact of Commerce Dept fuel export policies on shortage. Also investigates the Panhandle Eastern Pipe Line Co.-Michigan Consolidated Gas Co. natural gas supply contract for Detroit, Mich.; Pt. 2: Investigates high prices of crude oil and alleged monopolistic practices of major petroleum companies.; Pt. 3: Continuation of hearings on oil and steel industry supply requirements. Considers the impact of Commerce Dept steel export licensing policy on the domestic iron and steel supply for oil pipelines.

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