[pfony1]

One of our FRiends on an earlier thread, suggested a tax on imported oil to protect our shale oil producers from “predatory pricing” by the Saudis.

The tax would create a “floor” price, say $90 per barrel.

Then, if the Saudis tried to steal US market share (and bankrupt our new US producers) by pricing their oil at $75 per barrel, the “import tax” would add $15 to each “cheap” barrel.

I really like the idea of US energy independence.

Are the Saudis really our friends?

[thackney]

The tax would create a “floor” price, say $90 per barrel.

Please, no addition Governmental manipulations of the market.

They only real way for government to help industry is quit trying to manipulate it.

No new taxes, no new regulations. Thinking the government is going to help US industry with additional taxes is crazy.

They would distort the market and make it cheaper to import gasoline than crude oil.

[TexasGunLover]

I really like the idea of US energy independence.

That's a very short sighted approach. I would rather trade my enemies relatively small amounts of money (oil is cheap) for a finite resource while leaving my own in tact. If you'd rather trade all your water to your enemy for money, go right ahead, but finite resources aren't something to use when you can simply purchase someone else's, especially when they're not a friend.