U.S. SECURITY THREAT FROM OIL IMPORTS AT ISSUE

06/20/1994
The U.S. government has received conflicting advice on whether oil imports pose a threat to national security. On the one hand, independent producers say the government should declare that the increase in oil and petroleum products imports threatens to impair national security. On the other, the Petroleum Industry Research Foundation Inc. (Pirinc), New York, says the current and projected level of U.S. oil imports does not present a demonstrable threat to national security. The sharply opposing views surfaced during a Commerce Department hearing in New, York. It was one of a series of hearings conducted by Commerce in r...
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