« India’s importance, local languages and Oregon | Main | “China key to U.S. foreign policy success” »

January 05, 2009

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Stan Ediger

I'd like to add an amendment. I'd like to see a large enough tax that it would have an immediate effect on consumption and the price of oil. However, if you want the support rather than the opposition of the domestic oil industry, an oil tariff must be part of the plan. It is more difficult to redistribute the revenue than the gas tax, but I think it is feasible. A large tariff would also have another valuable feature. It would allow us to offer Most Favored Nation status to selected countries. Consider Iraq: although violence has been reduced, we still have not managed to convince Iraq to come to an agreement on the sharing of political power and oil revenue. As our forces leave, our leverage over Iraq diminishes and a return to civil war becomes probable. An offer of MFN to Iraq provided they come to an agreement for power and
oil revenue sharing would leave them with the choice of fighting over a small pie or sharing a large pie in peace.

christian louboutin

The World Bank's lead economist for Russia, Zeljko Bogetic, said on December 19 that at $30 a barrel, "financing constraint would become so sharp that it's possible even to envisage Russia's return from a creditor to international

Tory Burch

iolence has been reduced, we still have not managed to convince Iraq to come to an agreement on the sharing of political power and oil revenue. As our forces leave, our leverage over Iraq diminishes and a return to civil war becomes probable. A

christian louboutin uk

Similarly Iran, which is already under sanctions, already suffering high inflation, already the subject of popular discontent over corruption and economic mismanagement. All this was cushioned by

Pandora Bracelets

America. These are, as yet, not serious threats. But with a stronger Russia and Venezuela, they could be. The projection of power is very expensive, as Americans very well know. Oil at $39 would simply starve Russia and Venezuela of the means to sustain th

christian louboutin

he gas tax, but I think it is feasible. A large tariff would also have another valuable feature. It would allow us to offer Most Favored Nation status to selected countries. Consider Iraq: although violence has been reduced, we still have not managed to

The comments to this entry are closed.