80 FR 32851 - Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012

Executive Office of the President

Federal Register Volume 80, Issue 110 (June 9, 2015)

[Federal Register Volume 80, Number 110 (Tuesday, June 9, 2015)]
[Presidential Documents]
[Page 32851]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-14250]




                        Presidential Documents 



Federal Register / Vol. 80, No. 110 / Tuesday, June 9, 2015 / 
Presidential Documents

[[Page 32851]]


                Presidential Determination No. 2015-06 of May 19, 2015

                
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 
                April 30, 2015, 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, May 19, 2015

[FR Doc. 2015-14250
Filed 6-8-15; 11:15 am]
Billing code 4710-10