Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, 71617-71619 [2014-28481]

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• Executive Office of the President

[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Presidential Documents]
[Pages 71617-71619]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28481]



[[Page 71617]]

Vol. 79

Tuesday,

No. 231

December 2, 2014

Part IV





The President





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Presidential Determination No. 2015-02 of November 21, 2014--
Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of 
the National Defense Authorization Act for Fiscal Year 2012


                        Presidential Documents 



Federal Register / Vol. 79 , No. 231 / Tuesday, December 2, 2014 / 
Presidential Documents

___________________________________________________________________

Title 3--
The President

[[Page 71619]]

                Presidential Determination No. 2015-02 of November 21, 
                2014

                
Presidential Determination Pursuant to Section 
                1245(d)(4)(B) and (C) of the National Defense 
                Authorization Act for Fiscal Year 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 report submitted to the 
                Congress by the Energy Information Administration on 
                October 30, 2014, and other relevant factors, including 
                global economic conditions, increased oil production by 
                certain countries, and the level of spare capacity, 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 my 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 hereby authorized and 
                directed to publish this memorandum in the Federal 
                Register.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, November 21, 2014

[FR Doc. 2014-28481
Filed 12-1-14; 11:15 am]
Billing code 4710-10