Ronald Reagan

Ronald Reagan

Summary

Portrait of Ronald Reagan Ronald Reagan,  Proclamation 4907

“ The Secretaries, in conjunction with the Secretaries of State, Defense, and Treasury, advise that we no longer consider Libya to be a reliable supplier of United States energy needs, and that we must ensure we are not vulnerable to Libyan action in this area. Libyan policy and action supported by revenues from the sale of oil imported into the United States are inimical to United States national security. The Secretaries recommend that I take steps immediately to eliminate the dependence of the United States on Libya as a source of crude oil. ”
Source: Wikisource

Portrait of Ronald Reagan Ronald Reagan,  Proclamation 4907

“ The term "imports", when applied to crude oil other than that produced in Libya, includes both entry for consumption and withdrawal from warehouse for consumption, but excludes unfinished oils and finished products processed in the United States territories and foreign trade zones from crude oil produced in the United States. ”
Source: Wikisource

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