OPEC/NON-OPEC
US Senate Rejects Oil Import Fee
The US Senate on 2 July voted to remove a clause requiring President Reagan to limit dependence on foreign oil through an import fee from the trade bill it is debating. An earlier bill passed by the House of Representatives on 30 April contains no such provision, and reports from Washington indicate that the Senate's action appears to rule out the possibility of any import fee being imposed this year.
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!