OPEC

Venezuelan Official Sees No US Import Tax at Present Prices 

A Venezuelan oil official has said that at current price levels he believes there is little danger of the US imposing a tax on oil imports. Speaking in Caracas on 21 May, Mr. Carlos Castillo, President of the PDV subsidiary Maraven, said that the Reagan administration's opposition to such a measure and rising oil prices made a tax on imports unlikely. "If oil prices stay at about $15/B," Mr. Castillo told...