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PROCLAMATION 4178-JAN. 17, 1973

[87 STAT.

IN WITNESS WHEREOF, I have hereunto set my hand this thirtieth day of December in the year of our Lord nineteen hundred and seventy-two, and of the Independence of the United States of America the one hundred and ninety seventh.

c:S:jL^/i:^ PROCLAMATION 4178

Modifying Proclamation No. 3279, Relating to Imports of Petroleum and Petroleum Products January 17, 1973

By the President of the United Stdtes of America

A Proclamation The Director of the Office of Emergency Preparedness, with the advice of the Oil Policy Committee, has found that increases in domestic production in 1973 will not be sufficient to supply the expanded demand for petroleum and petroleum products during the year. He has therefore recommended an increase of 915,000 barrels per day in licensed imports into Districts I-IV, including the Canadian component of those imports.

Post,

p. 1187.

The Director, with the advice of the Oil Policy Committee, has also found that there may be a threat of temporary shortage of No. 2 fuel oil in the current season and has recommended that the requirement for allocations of such fuel oil be suspended for the period January 1, 1973, through April 30, 1973. He has also recommended certain technical amendments to Proclamation No. 3279, as amended, relating to foreign trade zones, gilsonite, oil shale and liquefied gases. In each instance above, the Director has found that his recommended changes would not adversely affect the national security. The Director, with the advice of the Oil Policy Committee, has taken into account the estimates of the Secretary of the Interior of the quantity of crude oil and natural gas liquids that will be produced in Districts I-IV, adjusted to reflect other national security determinations, and has recommended that Proclamation No. 3279, as amended, be further amended to adjust imports in conformity with these findings. I agree with the findings and recommendations of the Director and deem it necessary and consistent with the security objectives of Proclamation No. 3279, as amended, to adjust the imports of petroleum and

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