Obama proposes $10-a-barrel oil tax

Posted online February 5, 2016 | 12:32 pm

President Barack Obama's administration yesterday proposed a wave of clean transportation investments that would be paid for through a $10-per-barrel fee on oil.

The tax is unlikely to make it through the Republican-controlled Congress, according to CNNMoney.

If passed, the tax would be paid for by oil companies.

Read more from CNNMoney.

Updated: First Watch business partner sues another for breach of fiduciary duty, fraud

Comments

No comments on this story |

Please log in to add your comment

Editors' Pick

2024 Day in the Life

Springfield Business Journal’s annual Day in the Life feature is back, this time taking you into the day of a health care leader, school district superintendent and brewery owner.

Most Read