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To: thackney
Would it make sense long term to use tariffs to support some floor on the cost of oil? One that keeps US producers solvent and exploration/technology innovation feasible.

I just don't get the point of letting Saudi Arabia's manipulations destroy domestic oil production. Our goal should be self-sufficiency.

8 posted on 12/03/2014 5:40:59 AM PST by grania
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To: grania
Would it make sense long term to use tariffs to support some floor on the cost of oil?

NO!

No new taxes. No additional government meddling in the industry.

Don't raise prices above the world prices making our refining and petrochem industry priced out of the market place.

US producers were growing production at today's prices 5 years ago.

11 posted on 12/03/2014 5:44:11 AM PST by thackney (life is fragile, handle with prayer.)
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To: grania

Tariffs never make sense.


27 posted on 12/03/2014 8:06:38 PM PST by 1010RD (First, Do No Harm)
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