Posted on 02/05/2016 4:28:38 PM PST by 2ndDivisionVet
President Barack Obama is about to unveil an ambitious plan for a "21st century clean transportation system." And he hopes to fund it with a tax on oil.
Obama aides told POLITICO that when he releases his final budget request next week, the president will propose more than $300 billion worth of investments over the next decade in mass transit, high-speed rail, self-driving cars, and other transportation approaches designed to reduce carbon emissions and congestion. To pay for it all, Obama will call for a $10 "fee" on every barrel of oil, a surcharge that would be paid by oil companies but would presumably be passed along to consumers.
There is no real chance that the Republican-controlled Congress will embrace Obama's grand vision of climate-friendly mobility in an election year--especially after passing a long-stalled bipartisan highway bill just last year--and his aides acknowledge it's mostly an effort to jump-start a conversation about the future of transportation. But by raising the specter of new taxes on fossil fuels, it could create a political quandary for Democrats. The fee could add as much as 25 cents a gallon to the cost of gasoline, and even with petroleum prices at historic lows, the proposal could be particularly awkward for Hillary Clinton, who has embraced most of Obama's policies but has also vowed to oppose any tax hikes on families earning less than $250,000 a year....
(Excerpt) Read more at politico.com ...
...and in related news http://fuelfix.com/blog/2016/02/04/t-boone-pickens-cashes-out-on-oil-awaits-time-to-get-back-in/#27126101=0
Both the ENORMOUS oil tax and self-driving cars are cockamamie ideas!!!!
PHOOEY!!!!
Tax the oil and gas when low then laugh at the consumers when gas prices eventually rise...........
Obama is such a failure....he even failed at keeping gas prices high.
As I read in USA Today (so it must be true)
Republicans talked abut “drill baby drill” but it was Obama that made it happened.
"Obamaroads"
If you like your under-$2 a gallon gasoline, you can keep your under-$2 a gallon gasoline.
Do not count on the Republicans to question Obama on this one.
I sent email to Texas John Carter and John Cornyn and both have ignored my emails today.
This two RINO’s will not address anything that might stop the K Street free lunch.
K Street Lobbyist must have hired the same type that ENRON had.
This is simply a left-wing government slush fund for government employees, leftist special interests, unions, and their pliant crony-capitalists.
My husband and I were just talking about low oil prices the other night and how the dems would probably try to hike up taxes on gas and oil so the uniformed fools who vote for them wouldn’t really notice.
Figured others would post meme’s of nonsense, so I posted a real nice Meme-ory as well...
Another 50,000 of those little hops and her waist will vanish to nothingness. Hypnotic, indeed.
Can somebody explain to me how self driving cars saves energy?
He wants to help the Saudis and Iranians out, putting American oil companies out of business. We just now made it legal to export oil, so now would other countries rather pay extra 10 bucks a barrel to us or buy from Saudi or Iran?
Remember what happened when the government taxed each bale of cotton going to England.
And some states wanting to charges for miles driven instead of gallons purchased. So all those people that paid for their Prius on the premise that they would save money on gas, live and learn!
The civil war?
**** “It will fail int the house...” *****
You mean those same folks we sent there to defeat OBAMACARE?
Obama has a carrot on a stick and our Uniparty will fumble, stumble and trip over each other to get it.
We are no longer Represented by ANYONE
One dumb ass mookabooker this shuck and jive magic negro is.
gubermint always trying to put their hand deeper into you pocket.
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