OTCPK:ICPVF - Post by User
Comment by
pistonbrokenon Mar 19, 2020 1:33pm
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Post# 30827079
RE:RE:RE:RE:U.S. to Buy as Much as $20 Billion in Oil
RE:RE:RE:RE:U.S. to Buy as Much as $20 Billion in OilBSdetector2016 wrote: westcoast2019 wrote: BSdetector2016 wrote: If the US had brains they'd tarrif oil because what their Saudi and Russian "friends" are doing is dumping in the market. Everyone likes cheap gasoline but this has gone too far; it's economic warfare.
Interesting thought. If they did then I think Canada should tariff too to protect our strategic industries from unfair market manipulation. The tariffs wouldn't cost a lot as we would possibly use more of our own production which would otherwise be shut down at a loss anyway.
Canada would receivemore taxes received from home production plus some from duties.
Absolutely. Adopt a burn domestic policy. Bump up the number of freight trains to St. John and process our own oil there. Irving would cry crocodile tears to the feds but would eventually tow the line.
East coast refinery product prices would increase if it was shipped by rail. Tanker shipping is much less.