Oil producers want U.S. to restrict imports By Kevin Robinson-Avila / Albuquerque Journal Staff Writer - GoHaynesvilleShale.com2024-03-28T11:03:34Zhttps://gohaynesvilleshale.com/forum/topics/oil-producers-want-u-s-to-restrict-imports-by-kevin-robinson?commentId=2117179%3AComment%3A3615227&x=1&feed=yes&xn_auth=noProtectionist import policies…tag:gohaynesvilleshale.com,2016-07-08:2117179:Comment:36152272016-07-08T02:53:15.523ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Protectionist import policies have never served a beneficial economic national purpose. Those who promote import tariffs or exclusions disregard history which demonstrates that the response is for other countries to place tariffs or exclusions on the commodities/products that we export.</p>
<p>OPEC has not specially targeted U.S. production, that is a fallacy promoted by those with an agenda or a lack of knowledge regarding the global crude market. First of all, OPEC as a cohesive cartel…</p>
<p>Protectionist import policies have never served a beneficial economic national purpose. Those who promote import tariffs or exclusions disregard history which demonstrates that the response is for other countries to place tariffs or exclusions on the commodities/products that we export.</p>
<p>OPEC has not specially targeted U.S. production, that is a fallacy promoted by those with an agenda or a lack of knowledge regarding the global crude market. First of all, OPEC as a cohesive cartel ceased to exist long ago. The driving force is Saudi Arabia (ARAMCO) which acts in its own best interests, not those of other OPEC members. The Sauds have one over arcing motivation and that is to defend their market share - regardless of price. That defense is not targeted at any one exporting county - it is instead a defense against any and all who would seek to grow their market share - Russia, Iran, etc. </p>