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The original documents are located in Box 21, "12/22/75 - Remarks Upon Signing the Energy Bill Recently Passed by Congress" of the President's Speeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Digitized from Box 21 of President's Speeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library THE PRESIDENT HAS SEEN SIGNING STATEMENT BY THE PRESIDENT ON THE ENERGY BILL MONDAY, DECEMBER 22, 1975 - 1 - THE TIME HAS COME TO END THE LONG DEBATE OVER NATIONAL ENERGY POLICY IN THE UNITED STATES AND PUT OURSELVES SOLIDLY ON THE ROAD TO ENERGY INDEPENDENCE. WE CANNOT AFFORD CONTINUED DELAYS; WE CANNOT AFFORD PROLONGED VULNERABILITY TO FOREIGN PRODUCERS; WE MUST ACT. IT IS IN THAT SPIRIT THAT I HAVE DECIDED TO SIGN THE ENERGY BILL JUST PASSED BY THE CONGRESS. -2- WHILE THIS BILL IS ONLY A BEGINNING, IT DOES ACHIEVE SEVERAL MAJOR OBJECTIVES: -- IT OPENS THE WAY TO AN ORDERLY PHASING OUT OF CONTROLS ON DOMESTIC OIL, THEREBY STIMULATING OUR OWN OIL PRODUCTION; - 3 - -- AS I REQUESTED EARLIER THIS YEAR, IT WILL ENABLE US TO SET UP A STRATEGIC OIL STORAGE SYSTEM, CONVERT MORE UTILITY AND INDUSTRIAL PLANTS TO COAL, AND TAKE OTHER STEPS TO INCREASE PRODUCTION AND PROMOTE ENERGY CONSERVATION; - 4 - - -- IT MAKES POSSIBLE REMOVAL OF THE OIL IMPORT FEE OF TWO DOLLARS A BARREL; -- AND FINALLY, IT PROVIDES A FOUNDATION UPON WHICH WE CAN BUILD A MORE COMPREHENSIVE PROGRAM FOR THE FUTURE. I NOW ASK THE CONGRESS TO WORK WITH ME TO PUT INTO PLACE THE ADDITIONAL PROGRAMS ESSENTIAL TO ACHIEVE ENERGY INDEPENDENCE, including immediate Congressional action to designlate natural END OF TEXT gas to stomulate greater production

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Page context
{
    "seq": 1,
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    "type": "document",
    "url": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/31/2526/1252631/content/library/document/0122/1252631.pdf",
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    "ocrText": "The original documents are located in Box 21, \"12/22/75 - Remarks Upon Signing the\nEnergy Bill Recently Passed by Congress\" of the President's Speeches and Statements:\nReading Copies at the Gerald R. Ford Presidential Library.\nCopyright Notice\nThe copyright law of the United States (Title 17, United States Code) governs the making of\nphotocopies or other reproductions of copyrighted material. Gerald Ford donated to the United\nStates of America his copyrights in all of his unpublished writings in National Archives collections.\nWorks prepared by U.S. Government employees as part of their official duties are in the public\ndomain. The copyrights to materials written by other individuals or organizations are presumed to\nremain with them. If you think any of the information displayed in the PDF is subject to a valid\ncopyright claim, please contact the Gerald R. Ford Presidential Library.\nDigitized from Box 21 of President's Speeches and Statements: Reading Copies at the Gerald R. Ford Presidential Library\nTHE PRESIDENT HAS SEEN\nSIGNING STATEMENT BY THE PRESIDENT\nON THE\nENERGY BILL\nMONDAY, DECEMBER 22, 1975\n- 1 -\nTHE TIME HAS COME TO END THE LONG DEBATE OVER NATIONAL\nENERGY POLICY IN THE UNITED STATES AND PUT OURSELVES SOLIDLY ON\nTHE ROAD TO ENERGY INDEPENDENCE. WE CANNOT AFFORD CONTINUED\nDELAYS; WE CANNOT AFFORD PROLONGED VULNERABILITY TO FOREIGN\nPRODUCERS; WE MUST ACT. IT IS IN THAT SPIRIT THAT I HAVE\nDECIDED TO SIGN THE ENERGY BILL JUST PASSED BY THE CONGRESS.\n-2-\nWHILE THIS BILL IS ONLY A BEGINNING, IT DOES ACHIEVE\nSEVERAL MAJOR OBJECTIVES:\n-- IT OPENS THE WAY TO AN ORDERLY PHASING OUT OF CONTROLS\nON DOMESTIC OIL, THEREBY STIMULATING OUR OWN OIL PRODUCTION;\n- 3 -\n-- AS I REQUESTED EARLIER THIS YEAR, IT WILL ENABLE US TO\nSET UP A STRATEGIC OIL STORAGE SYSTEM, CONVERT MORE UTILITY AND\nINDUSTRIAL PLANTS TO COAL, AND TAKE OTHER STEPS TO INCREASE\nPRODUCTION AND PROMOTE ENERGY CONSERVATION;\n- 4 - -\n-- IT MAKES POSSIBLE REMOVAL OF THE OIL IMPORT FEE OF\nTWO DOLLARS A BARREL;\n-- AND FINALLY, IT PROVIDES A FOUNDATION UPON WHICH WE CAN\nBUILD A MORE COMPREHENSIVE PROGRAM FOR THE FUTURE.\nI NOW\nASK THE CONGRESS TO WORK WITH ME TO PUT INTO PLACE THE ADDITIONAL\nPROGRAMS ESSENTIAL TO ACHIEVE ENERGY INDEPENDENCE, including\nimmediate Congressional action to designlate natural\nEND OF TEXT\ngas to stomulate greater production"
}