Loading...
HomeMy WebLinkAboutCC Reso No 1975-25'~'~ . ~ RESOLUTION N0, ~s-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, SUPPORTING H, R, 49 BILL, WHICH WOULD AUTHORIZE PRODUCTION FROM THE ELK HILLS° RESERVE OF OIL, WHEREAS, this N.ation.and the State of California, is currently facing numerous economic and social problems resulting from a national energy shortage; and WHEREAS, this shortage places the United States in the dangerous position of being dependent on unstable and excessively priced foreign oil iinports; and WHEREAS, the Elk Hills' Petroleum Reserve could, within approximately two years, provide an additional domestic production of at least 300,000 barrels of oil per day; and WHEREAS, this quantity of production would have a favorable impact on our balance of payments in excess of one billion dollars per year; and Wf~REAS, the Naval Petroleum Reserve, No, Four, located on the north slape of Alaska contains an estimated oil reserve of ten billion barrels of oil, and together with other Naval Reserves, coupled with the Defense Production Act of 1950, is adequate for the defense of the United States and its Armed Services, NOW, THEREFORE, BE IT RESOLVED: 1. That the City Council of the City of Lake Elsinore does hereby support H. R. 49 Bill which would authorize the production of oil from the Elk Hills' Reserve; and BE IT FURTHER RESOLVED; 2. That copies of this resolution be transmitted to the following persons: The President The White House Washington, D. C. 20500 Honorable Stanley K. Hathaway Secretary of the Interior Washington, D, C. 20240 Honorable Rogers C. B. Morton Secretary of Commerce Washington, D. C, 20230 Honorable William E. Simon Secretary of the Treasury Washington, D. C, 20220 -1- Honorable Frank G. Zarb, Administrator Federal Energy Administration Washington, D, C. 20461 3, That copies be sent to the California Congressional Delegation, both in the United States Senate and the House of Representatives, PASSED, APPROVED AND ADOPTED t' 2~ra day of~ J ne, 1975, ` f~ .. ~(, _--.-_-_,.,_ . ayor o t e ity o~ La c sino-'-' re _. <. ATTEST: Y ~c F ~~~_ ~~_~ it C.er ~ o• t e ity o Lake Elsinore (SEAL) -2-