VOL. XXXI
NO. 25
28-MARCH-1988
OPEC AND OIL PRICES
US Proposes Uniform Crude Levy to Fund Clean Up Program
Reacting to pressure from its trading partners in the General Agreement onTrade and Tarriffs (GATT), the US administration is proposing in its 1989budget to replace an oil tax which discriminates between domestic and importedoil with a uniform rate. The old tax - 8.2 cents a barrel on domestic productionand 11.7 cents/B on imported crude - was introduced in 1986 to fund a program toclean up...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!