Exports of Certain California Crude Oil

Streszczenie

The Bureau of Export Administration (BXA) is proposing to amend the short supply provisions of the Export Administration Regulations (EAR) by revising the restrictions on exports to initially allow the export of up to 25,000 barrels per day of California heavy crude oil having a gravity of 20 degrees API or lower. The changes proposed by this rule are based on the President's October 22, 1992, memorandum to the Secretary of Commerce to modify existing restrictions on the export of certain California heavy crude oil. This notice delineates the actions the Department is taking to implement the President's decision. It also proposes specific regulatory changes implementing those actions and solicits public comments.