WATCHING WASHINGTON THE POLITICS OF AN OIL IMPORT FEE

Independent producers should do a little reading before they get too excited about the possibility President Clinton might propose-and Congress might accept-an oil import fee. They might start with issues of Oil & Gas Journal during March-June 1980. The Independent Petroleum Association of America has decided to urge Clinton to seek a tariff on imported oil, either as part of a tax package or under his powers in Section 232 of the 1962 Trade Expansion Act (OGJ, Jan. 18, p. 16).