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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (225100)3/21/2005 7:15:08 PM
From: TimF  Read Replies (1) of 1572952
 
I wasn't talking about oil, I was talking about refined gasoline.

I don't think we have any import barriers on refined gasoline either.

Now if there is a move to greatly increase the importation of refined gasoline, and it is coming in at a substantially lower price than domestic producers can make it, what do you think will happen?

It is possible that the special interest of the gasoline refiners may have some of the same type of success that the sugar growers have had, but it is far from certain, the reaction against them would be larger. Tell someone they have to pay an extra 5 cents for their candy bar and they probably won't scream too much. Tell them they have to pay an extra 10 cents or more a for a gallon of gas because the local refiners don't want foreign competition and there will be more of a reaction.

In any case my statement about oil is also currently correct when applied to refined gasoline.

Tim
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