[Federal Register Volume 78, Number 243 (Wednesday, December 18, 2013)]
[Presidential Documents]
[Page 76717]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-30276]



[[Page 76715]]

Vol. 78

Wednesday,

No. 243

December 18, 2013

Part II





The President





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Presidential Determination No. 2014-03 of November 29, 2013--
Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of 
the National Defense Authorization Act for Fiscal Year 2012



Proclamation 9070--Bill of Rights Day, 2013
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  Federal Register / Vol. 78 , No. 243 / Wednesday, December 18, 2013 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 76717]]

                Presidential Determination No. 2014-03 of November 29, 
                2013

                
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 31, 2013, 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 
                determinations of March 30, 2012, June 11, 2012, 
                December 7, 2012, and June 5, 2013, 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 closely monitor this situation to ensure that 
                the market can continue to accommodate a reduction in 
                purchases of petroleum and petroleum products from 
                Iran.

                The Secretary of State is authorized and directed to 
                publish this memorandum in the Federal Register.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, November 29, 2013.

[FR Doc. 2013-30276
Filed 12-17-13; 11:15 am]
Billing code 4710-10