Page:United States Statutes at Large Volume 92 Part 3.djvu/529

 PUBLIC LAW 95-617—NOV. 9, 1978

92 STAT. 3161

ble for consideration under this title (including environmental impact statements, comments, reports, recommendations, and other information submitted to him at any time before he makes his decision) and after consulting the Secretaries of Energy, the Interior, and Transportation, the President shall decide which, if any, of such systems shall be approved for the purposes of section 508 (relating to procedures for waiver of law), section 509 (relating to expedited procedures for issuance of permits), section 510 (relating to negotiations with the Government of Canada), and section 511 (relating to judicial review). A decis'on approving a crude oil transportation system may include such modifications and alterations in such system as the President finds appropriate. The President shall issue his decision within 45 days after receiving recommendations and comments submitted to him under section 505(c), except that the President, for such period as he deems necessary, but not to exceed 60 days, may delay his decision and its issuance if he determines that additional time is otherwise necessary to enable him to make a decision. If the President so delays his decision, Notification, he shall promptly notify the House of Representatives and the Senate of such delay and shall submit a full explanation of the basis for such delay. (2) Any decision made under this subsection approving a system proposed under this title shall include a determination that construction and operation of such system is in the national interest and shall be based upon the criteria specified in subsection (b). (b) CRITERIA.— (1) The criteria for making a decision under this subsection shall include findings of— (A) environmental impacts of the proposed systems and the capability of such systems to minimize environmental risks resulting from transportation of crude oil; (B) the amount of crude oil available to northern tier States and inland States and the projected demand in those States under each of such systems; (C) transportation costs and delivered prices of crude oil by region under each of such systems; (D) construction schedules for each of such systems and possibilities for delay in such schedules; (E) feasibility of financing for each of such systems; (F) capital and operating costs of each of such systems, including an analysis of the reliability of cost estimates and the risk of cost overruns; (G) net national economic costs and benefits of each such system; (H) the extent to which each system complies with the provisions of section 410 of the Act approved November 16, 19Y3 (87 Stat. 594), commonly known as the Trans-Alaska Pipeline Authorization Act; 43 USC 1651 (I) the effect of each such system on international relations, note. ,. including the status and time schedule for any necessary Canadian approvals and plans; (J) impact upon competition by each system; (K) degree of safety and efficiency of design and operation of each system; (L) potential for interruption of deliveries of crude oil from the west coast under each such system; (M) capacity and cost of expanding such system to transport additional volumes of crude oil in excess of initial system capacity; (N) national security considerations under each such system;

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