Richard Nixon actually said...
The Secretary may by regulation provide that no license or allocation shall be required in connection with the transportation to the United States by pipeline through a foreign country of crude oil, unfinished oils, or finished products produced in the customs territory of the United States or, in the event of commingling with foreign oils of like kind and qualities incidental to such transportation, of quantities equivalent to the quantities produced in and shipped from such customs territory.
Context
Proclamation 3990—Modifying Proclamation No. 3279 Relating to Import of Petroleum and Petroleum Products
06/16/1970