    [Public Papers of the Presidents of the United States: WILLIAM J. CLINTON (2000, Book I)]
    [April 28, 2000]
    [Page 791]
    [From the U.S. Government Publishing Office www.gpo.gov]

    [[Page 791]]

    Letter to Congressional Leaders on Imports of Crude Oil
    April 28, 2000

    Dear Mr. Speaker:  (Dear Mr. President:)
        Pursuant to section 232(c) of the Trade Expansion Act of 1962, as
    amended (19 U.S.C. 1862(c)), I am notifying you that I concur with the
    findings of the Secretary of Commerce in his report, ``The Effect on the
    National Security of Imports of Crude Oil and Refined Petroleum
    Products,'' which determined that imports of crude oil threaten to
    impair the national security.
        Further, I have accepted his recommendation that trade remedies not
    be imposed but that existing policies to enhance conservation and limit
    the dependence on foreign oil be continued. I am taking this action
    because we have already proposed additional tax credits to promote
    renewable and efficient sources of energy, new tax incentives to support
    the domestic petroleum industry, and further investments in energy-
    saving technologies and alternative energy sources, as the report
    suggested.
             Sincerely,

                                                          William J. Clinton

    Note: Identical letters were sent to J. Dennis Hastert, Speaker of the
    House of Representatives, and Albert Gore, Jr., President of the Senate.