### Question
How is the "regulated price" defined?


### Answer
The term **regulated price** is defined in *43 U.S.C. § 1353* as follows -

> the highest price—


(A) at which oil many [2](#1353_2_target) be sold pursuant to the Emergency Petroleum Allocation Act of 1973 [3](#1353_3_target) [15 U.S.C. 751 et seq.] and any rule or order issued under such Act

#### Citation:
  - *43 U.S.C. § 1353*
  - Heading: **CHAPTER 28-MISCELLANEOUS PROVISIONS RELATING TO PUBLIC LANDS > SUBCHAPTER III-OUTER CONTINENTAL SHELF LANDS**

