On the other hand, the economies of Russia and Iran to name just two are heavily dependent on oil prices. Lower oil prices hits them hard, which isn't a bad thing.
“On the other hand, the economies of Russia and Iran to name just two are heavily dependent on oil prices. Lower oil prices hits them hard, which isn’t a bad thing.”
Which is why I want to do it with an import duty. This only affects our imports and shelters the domestic producers in the build out stage. Dedicate the money to infrastructure in the industry, such as helping to build out natural gas stations on the highways and other locations. Also subsidize the purchase and reconfiguration of civil fleets to natural gas and tax credits for long-haul truckers to change fuel sources.