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I am thinking a tax on import oil may be inline

Posted on 12/03/2014 12:14:10 PM PST by jyro

I can't think of a tax I have even been for so this is new ground for me. Think about a tax on imported oil. Discuss.


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: energy; oil; saudi; taxes
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Comment #81 Removed by Moderator

To: FredZarguna

great post, thanks


82 posted on 12/03/2014 1:39:12 PM PST by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: bkepley
Personally I think that being dogmatic about free trade is stupid but so is being dogmatic about mercantilism and using silly childish insults doesn't help your cause.

When dealing with misguided brainwashed religious Zealots (Free Traitors) Ridicule and insults are the only way to handle them. I know I was once one of them lock stock and barrel, then I studied history and looked at economics through a historical lens and I've done a 180.

83 posted on 12/03/2014 1:43:48 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: 1rudeboy

Did hurt your wittle feelings? LOL


84 posted on 12/03/2014 1:44:56 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Have you ever tried to comprehend that Marx quote of which you are so fond?
85 posted on 12/03/2014 1:46:15 PM PST by 1rudeboy
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To: central_va
When dealing with misguided brainwashed religious Zealots (Free Traitors) Ridicule and insults are the only way to handle them. I know I was once one of them lock stock and barrel, then I studied history and looked at economics through a historical lens and I've done a 180.

So you were a "misguided brainwashed religious Zealot" for free trade and now you have done a 180. Logically you are still a "misguided brainwashed religious Zealot" but in the anti-free trade direction.

86 posted on 12/03/2014 1:50:22 PM PST by bkepley
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To: jyro

Right. Gas prices finally going down. Let’s tax to get the price up!


87 posted on 12/03/2014 1:54:25 PM PST by Protect the Bill of Rights
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To: thackney

What mistake is that? Why should the US create a level playing field for foreign companies to compete against US companies in US markets?

Foreign companies already have huge advantages over US companies, in that they can get dirt cheap labor and raw materials and foreign government subsidies. They are strong enough to destroy, and they have destroyed, many American companies.

So, pray tell, what do Americans get from this deal? Unemployment? A shrinking economy? Huge debt? What?

Tell me how bad things would be here if we erected potent trade barriers to these sharks. Would we have to open mines, make automobiles and computers, pay high wages because of high employment? Tell me about it.


88 posted on 12/03/2014 1:58:20 PM PST by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: yefragetuwrabrumuy
Why should the US create a level playing field

Raising the price for US consumers is NOT a level playing field.

Foreign companies already have huge advantages over US companies, in that they can get dirt cheap labor and raw materials and foreign government subsidies.

It must me be magic then that our economy has remained strong relative to most nations.

Making the US less economic than other nations is not a way to keep us healthy. It would cost us jobs and lower our standard of living.

89 posted on 12/03/2014 2:06:22 PM PST by thackney (life is fragile, handle with prayer.)
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To: FredZarguna
Frack'd wells can be restarted without significant production costs when prices rise, as they inevitably will.

I'm not sure where you get that, but I'd sure like to know.

All fraccing does is open up fractures in the formation. It does not free it from other reservoir problems inherent in any porosity in rock. If those pores are blocked when you shut the well in, you're are at best going to have to re-do the frac job, and that isn't cheap, nor will it be as effective the second time because the staging cannot be as precisely controlled. Go ahead, try running packers in a (now) perforated liner, after the perf guns have been through it.

90 posted on 12/03/2014 2:12:40 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Smokin' Joe

Thanks for posting that Joe.

I’ve seen the claim before but found nothing to support or deny it.


91 posted on 12/03/2014 2:21:31 PM PST by thackney (life is fragile, handle with prayer.)
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To: 1rudeboy

Exactimundo.

Say we slap a $20 a bbl tax on imported oil, raising it to $90
a bbl. Domestic producers will start charging 89.99 bbl. Gasoline prices will increase proportionally. How does this help the consumer?

Price wars are proof that God loves us and wants us to be happy. It won’t last long so enjoy it while it lasts.


92 posted on 12/03/2014 2:30:03 PM PST by huckfillary
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To: 1rudeboy

“Higher prices are not a “win.” “

So, in order to have lower prices on all products and services every product and service needs to be foreign produced.

If Americans have no jobs because everything is foreign sources then how are people going to buy anything from all those foreigners?

What you are saying is America should produce nothing; that we should buy all foreign products.

Of course you are going to pay more. You want to make more to afford a higher standard of living, so why would you screw over your fellow Americans and but them out of the picture? What happens when your job goes overseas? Do we just laugh and say at least when you do get some money you might pay less?


93 posted on 12/03/2014 2:41:58 PM PST by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: huckfillary

“Domestic producers will start charging 89.99 bbl. “

Actually, domestic suppliers will compete for your business. Right now it is all prix fixed by OPEC.


94 posted on 12/03/2014 2:44:40 PM PST by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: jyro

Our current domestic production has removed price controls from opec. they can’t conspire to drop production, raising prices, because there are too many opec countries that need money coming in to pay their bills and need to keep selling their oil at whatever the current market price is. they won’t stop selling because they need the money. opec can’t get all the member states to go along with it because of it.


95 posted on 12/03/2014 2:49:16 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: jyro

The problem with tariffs is that they are not without consequence. If you put a tariff on the products that some country ships here, they are likely to put tariffs on our products that we ship over there.

Also, we may be forbidden from doing so under trade agreements, but I don’t know if any of those apply to this.


96 posted on 12/03/2014 2:58:28 PM PST by Boogieman
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To: jyro

free trade is free trade...

tax and spend is a socialist attitude...

wanna tax those who succeed???

join the socialist (communist) party..

become a democrat


97 posted on 12/03/2014 3:01:57 PM PST by joe fonebone (a socialist is just a juvenile communist)
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To: Smokin' Joe
http://www.freerepublic.com/focus/news/3232704/posts which refers to a number of articles, among them also here: http://www.theoildrum.com/node/5757.

I should specifically have referred to horizontal wells typical of shale oil production.

98 posted on 12/03/2014 3:08:26 PM PST by FredZarguna (NOT the craw, the CRAW!)
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To: thackney
Check the links at post #98. Plenty of documentation to support the claim. The first article, posted right here on FR is full of citations.
99 posted on 12/03/2014 3:10:30 PM PST by FredZarguna (NOT the craw, the CRAW!)
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To: central_va

A) The Federal Government had very few other options for raising money. B) It was a retaliation, because Europe generally, and England in particular, were tarrif’ing US products.


100 posted on 12/03/2014 3:13:37 PM PST by FredZarguna (NOT the craw, the CRAW!)
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