If the United States levies no tariffs on imported oil, which of the following would occur? The price of oil in the United States after the U$.$S$.$ government eliminated all tariffs on imported oil cannot be determined from this information. The price of oil in the United States would fall to $$100$ per barrel, and the United States would import $10$ million barrels of oil per day. The price of oil in the United States would be $$125$ per barrel, and the United States would import $6$ million barrels of oil per day. The price of oil in the United States would be $$150$ per barrel, and the United States would import $2$ million barrels of oil per day.