Message to the Congress
Reporting on Naval Petroleum Reserves Production
To
the Congress of the
In
accordance with section 201(3) of the Naval Petroleum Reserves Production Act
of 1976 (10 U.S.C. 7422(c)), I wish to inform you of my decision to extend the
period of maximum efficient rate production of the naval petroleum reserves for
a period of three years from April 5, 1988, the expiration of the currently
authorized period of production.
I
am transmitting herewith a copy of the report investigating the necessity of
continued production of the reserves as required by section 7422(c)(2)(B) of the Naval Petroleum Reserves Production Act of
1976. In light of the findings contained in that report, I hereby certify that
continued production from the naval petroleum reserves is in the national
interest.
Ronald
Reagan