Posted by MarkB_MI on March 01, 2011 at 01:46:45 from (32.178.39.230):
In Reply to: Re: Oil Export posted by Jimmy King on February 28, 2011 at 23:07:16:
Jimmy, that is simply not true. Most tankers and other cargo ships carry foreign registries to avoid taxes. Liberian registry is very popular.
I don't know if any tankers currently carry the US flag, but you will recall that during the Iran-Iraq war in the 1980s, many tankers were re-flagged as US vessels so they could get US Navy escorts through the Persian Gulf and Straits of Hormuz.
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