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Removal of Short Supply License Requirements on Exports of Crude Oil

bis-export-control · Bureau of Industry and Security · Published 2016-05-12 · Effective 2016-05-12 · 81 FR 29483

Document

Document number
2016-11047
Federal Register citation
81 FR 29483
CFR reference
15 CFR 730
Type
Rule
Action
Final rule.
Category
bis-export-control
Sub-agency
Bureau of Industry and Security
Publication date
2016-05-12
Effective date
2016-05-12
Commerce docket
Docket No. 160302175- 6175- 01

Abstract

The Bureau of Industry and Security (BIS) publishes this final rule to amend the Export Administration Regulations (EAR) to remove the short supply license requirements that, prior to the entry into force of the "Consolidated Appropriations Act, 2016" on December 18, 2015, applied to exports of crude oil from the United States. Specifically, this rule removes the Commerce Control List (CCL) entry and the corresponding short supply provisions in the EAR that required a license from BIS to export crude oil from the United States. This rule also amends certain other EAR provisions to reflect the removal of these short supply license requirements. The changes made by this rule are intended to bring the provisions of the EAR into full compliance with the act, which mandates that, apart from certain exemptions specified therein, "no official of the Federal Government shall impose or enforce any restriction on the export of crude oil." Consistent with the exceptions in the act, exports of crude oil continue to require authorization from BIS to embargoed or sanctioned countries or persons and to persons subject to a denial of export privileges.

Source

Authoritative
Federal Register document
Machine
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