IPAA backs petition alleging crude oil dumping

Patrick Crow Government Policies Editor The Independent Petroleum Association of America has voted to support a petition asking the U.S. International Trade Commission to investigate alleged dumping of crude oil in the U.S. market by Mexico, Venezuela, Iraq, and Kuwait. Concerned about low oil prices for the past year, IPAA governors took the action during IPAA's midyear meeting in Charleston, S.C., last week. IPAA will act as an "interested party" in the petition that Save Domestic Oil Inc. (SDO), a group of Oklahoma independents, plans to file with ITC May 28. IPAA said that status would allow it to monitor and contribute to the ITC process. George Yates, ...

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