Page:United States Statutes at Large Volume 89.djvu/1309

 PROCLAMATION 4355—MAR. 4, 1975

89 STAT. 1249

"(iii) with respect to imports of crude oil, natural gas products, unfinished oils, and all other finished products (except ethane, propane, butanes, and asphalt) entered into the customs territory of the United States on or after February 1, 1975, there shall be a supplemental fee per barrel of $1.00, rising to $2.00 on imports entered on or after May 1, 1975, and to $3.00 on imports entered on or after June 1, 1975; (iv) with respect to the fees imposed pursuant to paragraphs 3 (a)(1) (i) - ( i i i), the amount of such fees shall be reduced, on a monthly basis, by an amount equal to any applicable duties paid less any drawbacks received during the same period, except that where duty drawbacks exceed the duty paid during that period, the net differences shall be applied to subsequent periods; provided that when the duty less drawbacks exceeds the fee imposed, the Administrator may provide that any excess may be used to reduce fees payable in subsequent months, such extended period not to exceed six months; (viii) with respect to licenses issued pursuant to paragraph 3(a) (1) (iii) for imports other than (A) crude oil as defined for purposes of the Old Oil Allocation Program which is imported for refining or (B) products refined in a refinery outside of the customs territory as to which crude oil runs to stills would qualify a refiner to receive entitlements under the Old Oil Allocation Program, the Administrator may by regulation reduce the fee payable by the following amounts, or by such other amounts as he may determine to be necessary to achieve the objectives of this Proclamation and the Emergency Petroleum Allocation Act of 1973:

15 USC 751 note.

—for imports entered into the United States customs territory during the months of February, March and April, 1975, $1.00 per barrel; —for imports entered during the month of May, 1975, $1.40 per barrel; —for imports entered during the month of June, 1975, and thereafter, $1.80 per barrel." Section 2. Paragraph (a) of Section 3 is amended by adding sub- „„\^g"^*^ ^^^^ paragraph (5) to read as follows: " (5) In order United States and than other United determine at what

to ensure that refiners located in territories of the in foreign trade zones are treated not less favorably States refiners, the Administrator shall by regulation point crude oil, unfinished oils and finished products

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