837.6363/545: Airgram
The Ambassador in Cuba ( Braden ) to the Secretary of State
[Received April 10—3 p.m.]
A–740. Resolution constituting national pool, including Cumex, not yet promulgated by ORPA. Present draft expected to be adopted shortly will specify that all companies will be subject to the same formula for fuel oil sales, without discrimination. The present formula consists of 40 percent of each company’s 1941 “nonessential” sales plus its “essential” sales and has the approval of ORPA. Under this formula Cumex, which sold 338,365 barrels in 1941, would presumably be entitled in 1944 to sell 126,765 barrels of “war essentials” plus 84,640 barrels of “non-essentials”—or a total of 211,405 barrels. Resolution establishing national pool will require ORPA’s approval of basis upon which Cumex participation in fuel oil sales is determined.