TITLE

An Oil Import Tax?

AUTHOR(S)
Moore, Thomas Gale
PUB. DATE
March 1981
SOURCE
National Review;3/20/1981, Vol. 33 Issue 5, p286
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article emphasizes the benefits of imposing tax on U.S. oil imports. A tariff on imported oil could increase the price of energy in the U.S. while reducing the price of oil in the world market. This could also encourage conservation, stimulate domestic energy production and lower dependence on oil imports. Improvement of techniques in producing energy from alternative sources is an added advantage of higher imported oil prices. Moreover, it would boost prices to consumers and increase the wealth of energy producers.
ACCESSION #
6078642

 

Related Articles

  • Some Positive Developments in the Second Quarter of 2011. Williams, Joseph // CC Energy;Apr2011, Issue 7, p3 

    The article reports on the developments in the energy sector of the Caribbean Community (CARICOM) as of the second quarter of 2011. CARICOM Heads of Government reportedly identified Renewable Energy Development as one of the key priority areas to focus on. Crude oil prices is said to have eased...

  • THE OUTLOOK FOR BIOFUELS. Rice, Bernard; Finnan, John // Irish Farmers Monthly;Mar2009, p25 

    The article provides an outlook for the biofuel industry in Ireland. The biofuel sector has been affected by the decline in oil prices. It is noted that the agreement on the European Union (EU) Renewable Energy Directive will affect biofuel developments in the country. Thus, the National Action...

  • HOW TO PRICE BIOFUELS. Woolsey Jr., Robert James // Futurist;Jul/Aug2007, Vol. 41 Issue 4, p29 

    The author recommends ways to make alternative fuels more economically viable. He notes that alternative fuels failed to materialize during the 1990's due to the dropping of oil prices, forcing alternative fuel developers to close down. He thinks that alternative energy will fully materialize if...

  • Energy Master Planning Towards Net-Zero Energy Communities/Campuses. Zhivov, Alexander M.; Case, Michael; Liesen, Richard; Kimman, Jacques; Broers, Wendy // ASHRAE Transactions;2014, Vol. 120 Issue 1, p114 

    The influence of increasing oil prices, the effects of climate change, and the desire to become independent of fossil fuel imports have stimulated many countries and their communities to set ambitious goals to reduce energy use and to increase the relative amount of energy derived from renewable...

  • Energy Independence. Deutch, Philip J. // Foreign Policy;Nov/Dec2005, Issue 151, p20 

    This article focuses on the idea of energy independence and discusses myths regarding it. High oil prices have refueled discussion of energy independence, but the numbers reveal that the vaunted goal is an illusion. The article claims that statements such as "the west can stop relying on...

  • Slipping OPEC's Grip Won't Be Easy. Scarry, Donald M. // Business News New Jersey;06/05/2001, Vol. 14 Issue 23, p16 

    Comments on the powerlessness of the United States to control the escalating energy prices. Futility of energy conservation efforts; Capacity of the Organization for Petroleum Exporting Countries to limit supply of oil to encourage the rise of oil prices; Necessity of developing alternative...

  • Research Brief: Sound Offshore Energy. Parker, Elissa // Environmental Forum;Sep/Oct2009, Vol. 26 Issue 5, p59 

    The article presents a study concerning the offshore energy in Virginia. It notes that the state noticed that its energy opportunities in coastal environment will establish a management challenge early in 2008. It points out that Virginia's Coastal Program (VCP) wants to identify the best...

  • Are China's energy markets cointegrated? Ma, Hengyun; Oxley, Les // China Economic Review (1043951X);Sep2011, Vol. 22 Issue 3, p398 

    Abstract: The paper investigates energy price co-movement over the period 01/1999–12/2005 for China as a whole, and over sub-periods and for seven regions, using panel unit root and panel cointegration tests developed by Pedroni (1999, 2004). The results suggest that not all energy...

  • EIA Predicts Strong Growth For Nuclear and Alternative Energy.  // ENR: Engineering News-Record;12/11/2006, Vol. 257 Issue 23, p8 

    The article reports on the release of the 2006 annual report by the U.S. Energy Information Administration regarding the nation's energy future. The report claims that a new era of high prices will lead to higher growth in the nuclear, biofuels and other alternative energy fields. The report,...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics