Obama Proposes $10 Per Barrel Tax On Oil To Fund U.S. Transportation Needs

You have to give the man credit for vision. U.S. president Barack Obama will propose a tax of $10 per barrel on oil in the 2017 budget he will submit to Congress next week. According to the White House, its goal is to create “a clear incentive for private-sector innovation to reduce our reliance on oil, and at the same time invests in clean energy… …read more