Bloomberg: Cost of Shipping Oil to US to Rise on Bush Plan

“Quoting from Poten’s recent tanker opinion, Bloomberg wrote that “‘US import demand could increase by 110,000 barrels per day at a time when supply of tankers of all sizes remains tight relative to demand,’ New York-based Poten said in the Jan. 26 report. ‘Even a small increase in crude cargoes headed to the US should push ton-mile demand higher.'”