COSTS OF CARGO PREFERENCE
GAO's assessment of estimates of the difference between the cost of carrying imported oil on U.S ships protected by cargo-preference legislation and the cost of carrying oil on foreign-flag ships. The proposed legislation which would reserve a portion of U.S. petroleum imports for carriage by tankships under U.S. registry has been reported out of the House Committee on Merchant Marine and Fisheries as H.R. 1037. Witness agreed that U.S. shipping has substantially higher operating and capital costs than its foreign competitors. GAO's own estimates concurred.
U.S. General Accounting Office441 G Street, NW
Washington, DC United States 20548
- Publication Date: 1977
- Pagination: 44 p.
- TRT Terms: Cargo preference; Cost estimating; Economic analysis; Imports; Legal constraints; Oils
- Old TRIS Terms: Economic analysis (Cargo preference); Oil imports
- Subject Areas: Administration and Management; Economics; Marine Transportation;
- Accession Number: 00168232
- Record Type: Publication
- Source Agency: U.S. General Accounting Office
- Report/Paper Numbers: PAD-77-82
- Files: TRIS
- Created Date: Jan 30 2003 12:00AM