Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, 22327 [2019-10472]

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• Executive Office of the President

[Federal Register Volume 84, Number 96 (Friday, May 17, 2019)]
[Presidential Documents]
[Page 22327]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10472]




                        Presidential Documents 



Federal Register / Vol. 84, No. 96 / Friday, May 17, 2019 / 
Presidential Documents

___________________________________________________________________

Title 3--
The President

[[Page 22327]]

                Presidential Determination No. 2019-12 of April 29, 
                2019

                
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 reports submitted to the 
                Congress by the Energy InformationAdministration, 
                including the report submitted in April 2019, and other 
                relevant factors such as global economic conditions, 
                increased oil production by the United States and 
                certain other countries, the global level of spare 
                petroleum production 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.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    April 29, 2019

[FR Doc. 2019-10472
Filed 5-16-19; 8:45 am]
BILLING CODE 4710-10-P