Obama to propose $10 per barrel fee on oil

[dascrow]

Geez.. when does it stop with him?

....
President Barack Obama will propose a $10 per barrel charge on oil to fund clean transportation initiatives as part of his final budget request next week.

Oil companies would pay the fee, which would be gradually introduced over five years.

"By placing a fee on oil, the President's plan creates a clear incentive for private sector innovation to reduce our reliance on oil and at the same time invests in clean energy technologies that will power our future," the White House said in a statement.

 

[HenryBHough]

A tax by any other name is still a tax.

 

[elchorizo]

I would be perfectly fine with adding this tax only on oil that was imported, not oil that was drilled/pumped here locally.

 

[drumsofgrohl]

No one likes high gas prices, but i do think it would drastically get us to sustainable energy sooner. I wouldn't be opposed to a tax on foreign oil as a compromise. But I still think our reliance on oil (even if pumped in america) is outrageously high. I think its time for a new industrial revolution.

 

[Stephanie]

that Obama cares so much he must never rest or sleep. everyday he comes up with another stupid idea. if it can hurt us he's all for it

 

[Stephanie]

No one likes high gas prices, but i do think it would drastically get us to sustainable energy sooner. I wouldn't be opposed to a tax on foreign oil as a compromise. But I still think our reliance on oil (even if pumped in america) is outrageously high. I think its time for a new industrial revolution.

well good then, you can pay for the millions of people who can't AFFORD it

 

[Jackson]

So, is he going to bypass and Congress and just declare the tax proper?

 

[veraderock]

I don't have any issue with it at all.. The sooner we can move to sustainable energy the better, and initiatives like this will help.

 

[Stephanie]

of course they are for it.. their want's supersedes the 360 million other people in the country

 

[drumsofgrohl]

No one likes high gas prices, but i do think it would drastically get us to sustainable energy sooner. I wouldn't be opposed to a tax on foreign oil as a compromise. But I still think our reliance on oil (even if pumped in america) is outrageously high. I think its time for a new industrial revolution.

well good then, you can pay for the millions of people who can't AFFORD it

Why would I pay for people to use the oil I'm suggesting we reduce?
The idea is they wont be able to afford it. So that we stop buying it.

 

[JakeStarkey]

Can the OP give us a link, please.

 

[drumsofgrohl]

Can the OP give us a link, please.

He did. Click on the words "Barack Obama.
Or just click here: Obama to propose $10 per barrel fee on oil

 

[JakeStarkey]

Thanks. Is he proposing to do it by EO? He has that power, but I think he should build a consensus for such an action.

 

[drumsofgrohl]

Also, keep in mind its not an executive order. He's proposing it.

 

[cereal_killer]

Need this? Tax! Need that? Tax! Slash spending to pay for it? You stupid or something?

 

[usmbtech]

So, is he going to bypass and Congress and just declare the tax proper?

Isn't that his style?

 

[Mac1958]

Quick quiz: Do we all know who is most negatively affected by higher gas prices?

 

[drumsofgrohl]

Quick quiz: Do we all know who is most negatively affected by higher gas prices?

I'll take the bait. The Arab countries?

 

[Manonthestreet]

There is no such thing as "sustainable" energy.

 

[Stephanie]

scary brainwashed in this country.