Page:United States Statutes at Large Volume 94 Part 3.djvu/1119

 PROCLAMATION 4766—JUNE 19, 1980

94 STAT. 3763

Proclamation 4766 of June 19, 1980

Imports of Petroleum and Petroleum Products By the President of the United States of America A Proclamation Congress has terminated the Petroleum Import Adjustment Program (PIAP), which was designed to reduce the threat to our nation's security caused by our dependence on imported oil. Consistent with this Congressional action, I am rescinding Proclamation 4744 which established the PIAP. Ante, p. 3736. The threat to national security, however, has not dissipated, and an effective means of reducing oil imports remains an imperative. I will work with Congress to reach this objective. In the meantime, the Mandatory Oil Import Program, which the PIAP had modified, will once again govern all importation of oil into this country. The small import fees associated with that Program were first imposed in 1973 and have been suspended since April 6, 1979. Under present circumstances, these fees would not fulfill the long term purposes for which they were originally adopted. I have therefore determined that a further six month suspension of these fees is consistent with the development of a more comprehensive program for reducing oil imports. NOW, THEREFORE, I, JIMMY CARTER. President of the United States of America, by 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 (19 U.S.C. 1862), do hereby proclaim that: Section 1-101. Proclamation 4744, as amended, is rescinded in its entirety, effective March 15, 1980. Sec. 1-102. Proclamation 3279, as amended, is further amended in section 19 USC 1862 3(a)(l)(i) by deleting both the term "through June 30, 1979." and the clause "o^^following that term, and by substituting therefor: "through December 31, 1980;". Sec. 1-103. Proclamation 3279, as amended, is further amended in section 3(a)(l)(ii) by deleting both the term "through June 30, 1979." and the clause following that term, and by substituting therefor: "through December 31, 1980;". Sec. 1-104. Proclamation 3279, as amended, is further amended by deleting section 3[a)(l)(viii). Sec. 1-105. (a) Proclamation 4762 is revoked.

Ante, p. 3760.

(b) Section 1 of Proclamation 3279, as amended, is amended by adding a 19 USC 1862 new subsection (f), to read as follows: "Except with respect to licenses "°*'®' issued pursuant to the next to last sentence of Section 4(b)(1) of this Proclamation, all licenses issued pursuant to this Proclamation which could be utilized to enter crude oil or gasoline pursuant to another F*roclamation shall expire effective 12:01 a.m., April 24, 1980. Licenses issued for the entry of crude oil and gasoline pursuant to Proclamation 4744, as amended, shall

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