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How to Export Petition

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Merry Christmas everybody isnt Christmas but its the 24th and yes the captain has a video request and if you have a video request go to consulting com and is there we have young man named John and he has put together a petition that he wants people to sign its on the u.s. ban on oil exports is it I thought we didnt have a bad well yeah we do start back in the 70s oil crisis or the energy crisis and so to shore up reserves here at home or to make sure US oil is spent in the US economy or at least we had some they had this ban on oil exports now as you know the Bakken oilfield the shale deposits and other fracking technologies may of the US is actually a net producer instead of a net consumer of oil and we so now we got like a fair amount of a we should be able to export this now theres a thing called its a fungible commodity and youd say well wait you know what does that mean and heres why its its not like we dont have an effect on international prices fungible means a gallo

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What is the purpose of a petition?

A petition is a request to do something, most commonly addressed to a government official or public entity. Petitions to a deity are a form of prayer called supplication. In the colloquial sense, a petition is a document addressed to some official and signed by numerous individuals.

What does the Usitc do?

The International Trade Commission investigates whether or not, and to what extent, an unfair trade practice harms U.S. businesses. When unfair trade practices are found to harm U.S. businesses, the Commission may implement corrective measures.

Who can file a petition for import relief with the International Trade Commission?

Whether the domestic industry includes one small company or several large companies, any domestic industry can file a petition.

Which governmental agency may impose an antidumping duty on the foreign producer?

If a U.S. industry believes that it is being injured by unfair competition through dumping or subsidization of a foreign product, it may request the imposition of antidumping or countervailing duties by filing a petition with both Enforcement and Compliance and the United States International Trade Commission.

Which group can file a petition for import relief with the International Trade Commission in the United States?

Under the Tariff Act of 1930, U.S. industries may petition the government for relief from imports that are sold in the United States at less than fair value (dumped) or which benefit from subsidies provided through foreign government programs.

What remedies are available under US law to protect domestic industries from unfair import competition?

Countervailing duty (CVD) laws provide relief to domestic industries that have been, or are threatened with, material injury caused by imported goods that have been found to have received WTO-inconsistent government subsidies, and can therefore be sold at lower prices than similar goods produced in the United States.

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