Presidential Determination on the Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for FY 2012
Record date: 2021-02-02
( printed page 7789) Presidential Determination No. 2021-03 of January 14, 2021 Presidential Determination on the Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for FY 2012 Memorandum for the Secretary of State[,] the Secretary of the Treasury[, and] the Secretary of Energy By the authority vested in me as President by the Constitution and the laws of the United States, after carefully considering the reports submitted to the Congress by the Energy Information Administration including the report submitted in October 2020, and other relevant factors,
What this record contains
- Federal Register document
- 2021-02251
- Publication date
- 2021-02-02
- Citation
- 86 FR 7789
- Issuing office
- Executive Office of the President
Official record excerpt
( printed page 7789) Presidential Determination No. 2021-03 of January 14, 2021 Presidential Determination on the Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for FY 2012 Memorandum for the Secretary of State[,] the Secretary of the Treasury[, and] the Secretary of Energy By the authority vested in me as President by the Constitution and the laws of the United States, after carefully considering the reports submitted to the Congress by the Energy Information Administration including the report submitted in October 2020, and other relevant factors, including global economic conditions, increased oil production by certain countries, the level of spare capacity, and the availability of strategic reserves, I determine, pursuant to section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, Public Law 112-81 , and consistent with prior determinations, that there is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions. I will continue to monitor this situation closely. The Secretary of State is authorized and directed to publish this determination in the Federal Register . THE WHITE HOUSE, Washington, January 14, 2021 ( printed page 7790) ( printed page 7791) Billing code 4710-10-P [ FR Doc. 2021-02251 2-1-21; 8:45 am] Billing code 4710-10-C
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