Page:United States Statutes at Large Volume 91.djvu/273

 PUBLIC LAW 95-52—JUNE 22, 1977 •^



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91 STAT. 239

CERTAIN PETROLEUM EXPORTS

" SEC. 108. Section 4 of the Export Administration Act of 1969 is amended by adding at the end thereof the following new subsection: "(j) Petroleum products refined in United States Foreign-Trade Zones, or in the United States Territory of Guam, from foreign crude oil shall be excluded from any quantitative restrictions imposed pursuant to section 3(2)(A) of this Act, except that, if the Secretary of Commerce finds that a product is in short supply, the Secretary of Commerce may issue such rules and regulations as may be necessary to limit exports.".

Rules and regulations. 50 USC app. 2403. 50 USC app. 2402.

EXPORT OF HORSES

SEC. 109. Section 4 of the Export Administration Act of 1969, as amended by section 108 of this Act, is further amended by adding at the end thereof the following new subsection: "(k)(1) Notwithstanding any other provision of this Act, no horse may be exported by sea from the United States, its territories and possessions, unless such horse is part of a consignment of horses with respect to which a waiver has been granted under paragraph (2) of this subsection. "(2) The Secretary of Commerce, in consultation with the Secre- Waivers, rules tary of Agriculture, may issue rules and regulations providing for the and regulations. granting of waivers permitting the export by sea of a specified consignment of horses, if the Secretary of Commerce, in consultation with the Secretary of Agriculture, determines that no horse in that consignment is being exported for purposes of slaughter.". PROHIBITION o r CERTAIN PETROLEUM EXPORTS

SEC. 110. Section 4 of the Export Administration Act of 1969, as amended by sections 108 and 109 of this Act, is further amended by adding at the end thereof the following new subsection: "(1)(1) Notwithstanding any other provision of this Act and notwithstanding subsection (u) of section 28 of the Mineral Leasing Act of 1920, no domestically produced crude oil transported by pipeline over rights-of-way granted pursuant to such section 28 (except any such crude oil which (A) is exchanged in similar quantity for convenience or increased efficiency of transportation with persons or the government of an adjacent foreign state, or (B) is temporarily exported for convenience or increased efficiency of transportation across pails of an adjacent foreign state and reenters the United States) may be exported from the United States, its territories and possessions, during the 2-year period beginning on the date of enactment of this subsection unless the requirements of paragraph (2) of this subsection are met. "(2) Crude oil subject to the prohibition contained in paragraph (1) may be exported only if— "(A) the President makes and publishes an express finding that exports of such crude oil— "(i) will not diminish the total quantity or quality of petroleum available to the United States, "(ii) will have a positive effect on consumer oil prices by decreasing the average crude oil acquisition costs of refiners, "(iii) will be made only pursuant to contracts which may be terminated if the petroleum supplies of the United States are interrupted or seriously threatened, " (iv) are in the national interest, and

29-194

0-80

30 USC 185.

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Presidential finding, publication,

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