Taxation of Imported Oil: Hearings Before the Subcommittee on Energy and Agricultural Taxation of the Committee on Finance, United States Senate, Ninety-ninth Congress, Second Session, February 27 and 28, 1986, Volumen4U.S. Government Printing Office, 1986 - 768 páginas |
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Términos y frases comunes
$5 per barrel average barrels a day barrels per day benefits Bentsen billion Chairman Committee competitive Congress consumption countries crude oil deficit demand dollar domestic oil domestic production domestic refiners drilling economic effects energy costs energy policy energy security energy tax excise tax exemptions export February 27 Federal foreign oil gasoline home heating oil impact import tariff imported crude oil imported oil imposed income increase independent marketers million barrels national security natural gas offset oil and gas oil import fee oil import tax oil industry oil market oil prices oil production OPEC petroleum imports President price of oil problems product imports proposals protectionism raise reduce refined petroleum products refined products refineries reserves revenue Saudi Arabia Secretary BOGGS Senator BRADLEY Senator WALLOP Strategic Petroleum Reserve supply tax on imported trade U.S. oil U.S. refiners United Venezuela windfall profit tax world oil prices world price
Pasajes populares
Página 51 - Products Lumber and Wood Products Furniture and Fixtures Paper and Allied Products Printing and Publishing Chemicals and Allied Products Petroleum and Coal Products Rubber and...
Página 313 - I appreciate the opportunity to appear before this committee, and I will be glad to respond to any questions you may wish to ask.
Página 188 - ... we bring a program like that up to Chester Bowles or to Mr. Porter, and say, "Why not contact the packer or the slaughterer and guarantee them a fair profit, and we will slaughter the meat and serve the butcher," I think we will be doing something. That is how we will have a 100 percent OPA, because that is what they are trying to do. They are trying to control the small businessman, the packer, and the consumer, because they are trying to tell the consumer how much to pay, the retailer how much...
Página 98 - Treasury, at such times as the amount in the extended unemployment compensation account is determined by the Secretary of the Treasury, in consultation with the Secretary of Labor, to be adequate for such purpose. Any amount transferred as a repayment under this subsection shall be credited against, and shall operate to reduce, any balance of advances repayable under this subsection.
Página 339 - Southeastern states. SIGMA is a national trade association comprised of 282 independent marketers and chain retailers of motor fuels. SIGMA's members market refined petroleum products in all SO states and account for approximately 20 percent of the US retail market for motor gasoline. The purpose of these hearings is to review proposals to impose a tax on imported oil, and specifically to review bills introduced by Senators Wallop (S.
Página 404 - STATEMENT OF HON. CLAIBORNE PELL, A US SENATOR FROM THE STATE OF RHODE ISLAND Senator PELL. Thank you very much, Mr. Chairman.
Página 197 - He don't think the Finance Committee should save their bacon at the expense of the rest of the country. Finally, we recognize the pain being felt by the producing states as the revenue from royalties and taxes stops flowing into state treasuries Clearly this revenue loss alone would motivate a representative from a producing state to ask for an oil import fee to restore state finances. But those pleas are on par with New York's delegation asking for federal help for its welfare problem and Florida's...
Página 553 - Let me put some numbers on the decline and dependency we can expect with oil prices at $15 per barrel. In the US we have a large volume of production coming from wells with a low daily yield. In Texas, a good representative of the US lower 48, more than 95...
Página 497 - Washington seem to be paying attention to the effect that falling oil prices in the short-run may have on medium-term energy supplies. Between 1963-73 world oil production grew by 25.5 mb/d at a cost of $76.2 billion ($3,000/b of productive capacity). In contrast, between 1973-83 world oil production grew by six million b/d at a cost of $240 billion ($70,000/b of production capacity). While inflation accounts for some of this differential, what these figures clearly tell us is that it is becoming...
Página 557 - I said earlier, this tariff could be a "sliding" tariff which would send a clear signal to oil producing countries that we are going to shore up our domestic capability and declare that we are prepared to protect our own reserves. Let such a tariff become the cornerstone of a bipartisan domestic energy policy for which all can share in the responsibility.