Jimmy Carter

“ IN WITNESS WHEREOF, I have hereunto set my hand this eighth day of December, in the year of our Lord nineteen hundred seventy-eight, and of the Independence of the United States of America the two hundred and third. ”

“ The Secretary of Energy has advised me that recent legislation has mandated a change in the treatment accorded residual fuel oil imports under the Emergency Petroleum Allocation Act of 1973 (Section 307 of Public Law 95-465) . The congressional intent clearly contemplated simultaneous Presidential action to reduce import fees on residual fuel oil. Therefore, the Secretary recommended that I grant additional fee exempt licenses under Proclamation No. ”

“ The Secretary also recommended changes in the distribution system for the allocation of fee-exempt licenses for imports of residual fuel oil, and changes in the extent to which refunds of license fees may be made for the payment of duties on petroleum and petroleum products. ”