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Mandatory Oil Import Quota Program
The Mandatory Oil Import Quota Program was a program of import restrictions on oil into the United States. Created in 1959 by Presidential Proclamation 3279 by President Dwight Eisenhower, the scheme was intended to prevent a dependence of the United States on imported petroleum supplies. From 1962, the maximum level of imports was set at 12.2% of domestic production. The program was established after an investigation by the director of the Office of Civil and Defense Mobilization established that oil imports threatened to impair US national security. The import quota was lifted in 1973 by President Richard Nixon Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was .... References {{reflist History of the petroleum industry in the United States 1959 in the United States Import ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Import Restrictions
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors. Opponents argue that protectionist policies reduce trade and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries protected against. Protectionism is advocated mainly by parties that hold economic nationalist or left-wing positions, while economically right-wing political parties generally support free trade. There is a consensus among economists that protectionism has a negative effect on economic growth and economic w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidential Proclamation
A presidential proclamation is a statement issued by a US president on an issue of public policy and is a type of presidential directive. Details A presidential proclamation is an instrument that: *states a condition, *declares a law and requires obedience, *recognizes an event, or *triggers the implementation of a law, by recognizing that the circumstances described in the law have been realized. Proclamations issued by the president fall into two broad categories: #"ceremonial" proclamations, that designate special observances or celebrate national holidays, and #"substantive" proclamations, that usually relates to the conduct of foreign affairs and other sworn executive duties. These may be, but are not limited to, matters of international trade, the execution of set export controls, the establishment of tariffs, or the reservation of federal lands for the benefit of the public in some manner. Unless authorized by the US Congress, a presidential proclamation does not have the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dwight Eisenhower
Dwight David "Ike" Eisenhower (born David Dwight Eisenhower; ; October 14, 1890 – March 28, 1969) was an American military officer and statesman who served as the 34th president of the United States from 1953 to 1961. During World War II, he served as Supreme Commander of the Allied Expeditionary Force in Europe and achieved the five-star rank of General of the Army (United States), General of the Army. He planned and supervised the invasion of North Africa in Operation Torch in 1942–1943 as well as the invasion of Normandy (D-Day (military term), D-Day) from the Western Front (World War II), Western Front in 1944–1945. Eisenhower was born into a large family of mostly Pennsylvania Dutch ancestry in Denison, Texas, and raised in Abilene, Kansas. His family had a strong religious background, and his mother became a Jehovah's Witness. Eisenhower, however, belonged to no organized church until 1952. He graduated from United States Military Academy, West Point in 1915 and l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Civil And Defense Mobilization
The Office of Civil and Defense Mobilization, created in 1958 originally as Office of Defense and Civilian Mobilization, was an office of the Executive Office of the President of the United States which consolidated the functions of the existing Office of Defense Mobilization and the Federal Civil Defense Administration. The civil defense functions of the office were transferred to the Department of Defense's Office of Civil Defense from August 1, 1961. With its remaining functions, the office was re-designated as the Office of Emergency Planning from September 22, 1961. It eventually was renamed the Office of Emergency Preparedness from October 21, 1968, and abolished on July 1, 1973. Directors *Leo Hoegh, July 1, 1958 – January 20, 1961 * John S. Patterson, January 20, 1961 – January 27, 1961 *Lewis Berry, January 27, 1961 – March 9, 1961 * Frank Ellis, March 9, 1961 – February 2, 1962 (Emergency Planning from September 22, 1961) * Edward McDermott, February 2, 1962 â ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Nixon
Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower. His five years in the White House saw reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union and China, the first manned Moon landings, and the establishment of the Environmental Protection Agency and Occupational Safety and Health Administration. Nixon's second term ended early, when he became the only president to resign from office, as a result of the Watergate scandal. Nixon was born into a poor family of Quakers in a small town in Southern California. He graduated from Duke Law School in 1937, practiced law in California, then moved with his wife Pat to Washington in 1942 to work for the federal government. After active duty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of The Petroleum Industry In The United States
The history of the petroleum industry in the United States goes back to the early 19th century, although the indigenous peoples, like many ancient societies, have used petroleum seeps since prehistoric times; where found, these seeps signaled the growth of the industry from the earliest discoveries to the more recent. Petroleum became a major industry following the oil discovery at Oil Creek, Pennsylvania, in 1859. For much of the 19th and 20th centuries, the US was the largest oil producing country in the world. US regained the position of the largest oil producing country in the world in 2018 and has it kept every year since as of 2022. 19th century Before the Drake well Native Americans had known of the oil in western Pennsylvania, and had made some use of it for many years before the mid-19th century. Early European explorers noted seeps of oil and natural gas in western Pennsylvania and New York. Interest grew substantially in the mid-1850s as scientists reported on the pot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1959 In The United States
Events from the year 1959 in the United States. With the admittance of Alaska and Hawaii, this is the last year in which states are added to the union. Incumbents Federal Government * President: Dwight D. Eisenhower ( R-Kansas/Pennsylvania) * Vice President: Richard Nixon ( R-California) * Chief Justice: Earl Warren (California) * Speaker of the House of Representatives: Sam Rayburn ( D-Texas) * Senate Majority Leader: Lyndon B. Johnson ( D-Texas) * Congress: 85th (until January 3), 86th (starting January 3) Events January–March * January 2 – CBS Radio cuts four soap operas: ''Backstage Wife'', ''Our Gal Sunday'', ''The Road of Life'' and ''This is Nora Drake''. * January 3 – Alaska is admitted as the 49th U.S. state (''see'' History of Alaska). * January 7 – The United States recognizes the new Cuban government of Fidel Castro. * January 22 – Knox Mine Disaster: Water breaches the River Slope Mine near Pittston City, Pennsylvania in Port Griffith; 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
