Page:United States Statutes at Large Volume 87.djvu/1254

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PROCLAMATION 4227-JUNE 19, 1973

[87 STAT.

76 Stat. 877. 19 USC 1862

section 232 of the Trade Expansion Act of 1962, as amended, do hereby proclaim that, eflfective as of this date, Proclamation No. 3279, as Ante. p. 1187. amended by Proclamation No. 4210 of April 18, 1973, is hereby amended as follows: Ante, p. 1189. j Subparagraph (1) of paragraph (a) of section 2 thereof is amended to read as follows: " (1) for Districts I-IV, 1,992,000 average barrels per day per calendar year; Provided, That, in addition to the foregoing, there may be imported into District I an average of 50,000 barrels per day of No. 2 fuel oil, manufactured in the Western Hemisphere from crude oil produced in the Western Hemisphere under allocations made by the Secretary, pursuant to regulations of the Secretary, to deepwater terminal operators who do not have crude oil import allocations into Districts I - V or Puerto Rico and who, in the allocation period beginning prior to January 1, 1973, had received, from the Secretary, an allocation of imports into District I of No. 2 fuel oil; Provided Further, That the Secretary may, by regulation, provide that a holder of an allocation for the importation of No. 2 fuel oil, may import crude oil produced in the Western Hemisphere in lieu of No. 2 fuel oil, barrel for barrel, and exchange such crude oil for No. 2 fuel oil. Whenever the Chairman of the Oil Policy Committee, after consultation with the committee, finds that, because of supply, price, or other considerations, the requirement that No. 2 fuel oil be manufactured in the Western Hemisphere from crude oil produced in the Western Hemisphere is unduly restricting the availability of such oil for importation into District I and is not required for the national security, he shall so advise the Secretary who shall then suspend such requirement for such period of time as he shall deem compatible with the purposes of this proclamation." Ante, p. 1190.

2. Subparagraph (i) of paragraph (d)(1) of section 2 thereof is amended to read as follows: "(i) for Districts I-IV, 960,000 average barrels per day per calendar year; Provided, That the Secretary may, within the limits established by subparagraph (1) of paragraph (a) of this section, increase the quantity of crude oil and.unfinished oils, which may be imported from Canada so long as such increase is, in his judgment, consonant with the purposes of this proclamation." 3. Subparagraph (ii) of paragraph (d)(1) of section 2 thereof is amended to read as follows: "(ii) for District V, 280,000 average barrels per day per calendar year; Provided, That, the Secretary may, within the limits established by subparagraph (1) of paragraph (a) of this section, increase the quantity of crude oil and unfinished oils which may be imported from Canada,

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