A Critical Study of Two Aspects of the U.S. Crude Petroleum Industry
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Authors
Harding, James Nicholas
Issue Date
1969
Type
Thesis
Language
en_US
Keywords
Alternative Title
Abstract
The quota program was originally enacted to protect the
prorationing system and its dependent oil industry from
cheaper foreign oil imports. This paper will review the
conditions at its enactment and the goals aimed for; the
actual results and effects from the quota will be critically
examined also. The arguments for and against the quota will be evaluated. It will be shown that the oil import quota has no sound or justifiable economic reasons for being maintained.
It will become evident that the reasons for the quota
(and the prorationing system) are now nothing more than
prof1ts for the oil industry, at the expense of the rest of the nation.
Description
v, 85 p.
Citation
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License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.