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Politics : Politics of Energy
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To: Brumar89 who wrote (6149)3/14/2009 9:16:29 AM
From: RetiredNow  Read Replies (1) of 86356
 
As to the national security - domestic vs imports issue, I've said before the simplest way to deal with that would be an import tax on oil and gas from sources we don't have a free regional trade relationship with (it makes no sense to tax imports from Canada and Mexico). Set the tax at say $5-10 a barrel from places other than MX and CN. This would encourage domestic production, discourage imports and give the government a source of revenue to fund R&D, refund to the public, whatever.

Good idea! I'd modify it a bit to put a floor on the oil barrel coming from other countries besides MX and CN at something like $50.
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