For years the U.S. government levied quotas on inexpensive oil imported from the Middle East. The quotas led to cost increases for U.S. consumers totaling $3 billion for oil products. An apparent justification for this policy was that:

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The apparent justification for the quota policy was to reduce the dependency on foreign suppliers of crucial resources. The U.S. government believed that it was better to have a self-sufficient industry for crucial resources such as oil to ensure national security and stability.

For Years the U