Petroleum rent collection has been an on-going area of interest to Petroleum Economists, investors, and exhaustible resource owners (governments) and the question of what an efficient rent collection design or system should be is also an ongoing issue in the oil industry. This latter question is...

Attempting to restrict American imports of Canadian oil is a mistake that ignores both the reality of U.S. dependence on imported oil, as well as the only major alternative sources of such oil — repressive governments that restrict civil, political, and economic freedoms.The study points out...