Page:United States Statutes at Large Volume 89.djvu/1284

 89 STAT. 1224

PROCLAMATION 4341—JAN. 23, 1975 Proclamation 4341

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January 23, 1975

Modifying Proclamation No. 3279,' Relating to Imports of Petroleum and Petroleum Products, and Providing for the Long-Term Control of Imports of Petroleum and Petroleum Products Through a System of License Fees

By the President of the United States of America A Proclamation WHEREAS the Director of the Office of Civil and Defense Mobilization found pursuant to Section 2 of the Act of July 1, 1954, as amended (19 U.S.C. 1352a), "that crude oil and the principal crude oil derivatives and products are being imported in such quantities and under such circumstances as to threaten to impair the national security;" and 19 USC 1862 note.

19 note. use

WHEREAS, Proclamation No. 3279 as well as modifications thereof, '

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including Proclamation No. 4210 which suspended tariffs on imports of petroleum and petroleum products and established a system of license fees for such imports, was issued pursuant to this finding; and WHEREAS, although conditions in world oil markets have changed significantly in recent years, the above finding continues to be \'alid at the present time; and WHEREAS, the Administnitor of the Federal Energy Administration who maintains constant surveillance of imports of petroleum and its primary derivatives in respect to the national securit)', and who has reviewed the current status of imports under Proclamation No. 3279, as amended, has recommended that the method of adjusting imports of crude oil and the principal crude oil derivatives and products be modified; and WHEREAS, I agree with this recommendation; and WHEREAS, pursuant to Section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862), the Secretary of the Trcjusury having made an appropriate investigation to determine the effects on '24FR1781,3CFR, 1959-1963 Comp., p. 11.

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