Page:United States Statutes at Large Volume 89.djvu/1327

 PROCLAMATION 4370—APR. 30, 1975 Proclamation 4370

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89 STAT. 1267 April 30, 1975

Modifying Proclamation No. 3279,' as Amended, Relating to Imports of Petroleum and Petroleum Products, and Providing for the LongTerm 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, I judge it necessary and consistent with the national security that the Mandatory Oil Import Program maintain flexibility to accommodate evolving programs for discouraging importation into the United States of petroleum and petroleum products in such quantities or under such circumstances as threaten to impair the national security; and WHEREAS, a temporary deferral of the scheduled increases in oil import license fees is appropriate in order to maintain such flexibility; and WHEREAS, I intend to act within thirty days to increase the oil import license fees to their originally scheduled levels of $2 and $3 should alternative programs for discouraging imports not be formulated in a timely fashion or should such programs fail to protect adequately United States national security interests; NOW, THEREFORE, I, GERALD R. FORD, President of the United States of America, acting under and by virtue of the authority vested in me by the Constitution and the laws of the United States, including Section 232 of the Trade Expansion Act of 1962, as amended, do hereby proclaim that, effective as of May 1, 1975, Proclamation No. 3279, as amended, is hereby further amended as follows:

u s e prec. title 1.

^^ use 1862. i^ use 1862 note.

1. Clause (iii) of subparagraph (1) of paragraph (a) of Section 3 is amended to read as follows: "(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." SECTION

SEC. 2. Clause (viii) of subparagraph (1) of paragraph (a) of Section 3 is amended to read as follows: 124 PR 1781; 3 CPR, 1959-1963 Comp., p. 11.

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