“Obama is asking Congress to embrace corporate tax reform and a $10-a-barrel oil “fee†phased in over five years for use on “clean tech†infrastructure. “
Yes, it’s in there.
I have a question about the $10 per barrel tax. Is it for every barrel pulled out of the ground, or every barrel refined?
The former would make us oil non-competitive and kill the entire industry here.
I’ve never seen a report on this tax that fully explains when the tax is applied.