Posted on 02/04/2016 12:41:35 PM PST by GreaterSwiss
President Barack Obama will propose a $10 per barrel charge on oil to fund clean transportation projects as part of his final budget request next week, the White House said Thursday.
The proposal would have difficulty clearing the Republican-controlled Congress.
Oil companies would pay the fee, which would be gradually introduced over five years. The government would use the proceeds to fund high-speed railways, autonomous cars and other travel systems.
"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.
(Excerpt) Read more at cnbc.com ...
Prolly need to raise tobacco tax by another $5-$10 per pack too. Don’t forget gas tax at the pump.
Sounds like Dayton’s plans for MN. He wants 16 cents a gallon.
“President Barack Obama will propose a $10 per barrel charge on oil to fund clean transportation projects”
My hero! /s
Yup— amtrak’s got your back willie green. Your cattle car awaits you and... will cost 20% more per mile it is so efficient.
He’s for affordable energy only for the wealthy. The rest of us proles need to ride bikes— like they do in Cuba— chinese freaking bikes and 1950’s chevys, and 60’s/70’s Russian Ladas, and Trabants— the best of marxist communisms technical prowess.
Do I get a free Flying Car? I really want a Flying Car.
Obama is breaking the ice for Bernie and/or Hillary’s way to filch our money....ya know like a trial balloon.
Do this over and over with each of Bobo's mau mau-of-the-day mendacities, and it would get through his thin skin reallll quick. Throw in a random 'real' call about every third time, and he wouldn't know who was going to laugh or be serious.
And all the more reason to get as close to a small government President into the White House.
Obama is determined to burn this nation to the ground. The environmental crusade is not the reason it is just a way to get useful idiots to aid his cause of burning us down.
Consider this that follows. So it gets investigated, so it goes to court. SO WHAT OF THE TENS OF THOUSANDS OF JOBS LOST IN THE MEANTIME? What court answers to the people who are jobless?
There is a prison riot going on for the last 7 years in the white house. Obama is the leader and he does not care who gets killed or destroyed. In fact, he does care. He wants the United States Destroyed.
EPAs Secret Staff (environmentalists write coal rules no plant can pass)
Is it still a conspiracy theory if it’s true?
The Wall Street Journal (12/18/15) editorializes: “The Energy & Environment Legal Institute has obtained government emails that show the EPA secretly worked with environmental lobbyists to craft its Clean Power Plan regulating greenhouse gases. The emails show this secret alliance designed a standard that would be impossible or economically ruinous for existing coal plants to meet—in order to force their closure. The New York Times first reported that in 2014 environmentalists Dan Lashof, David Doniger and David Hawkins—all with roots at the Natural Resources Defense Council (NRDC)—drafted a “blueprint†that “influenced†the greenhouse gas rules. That wasn’t the half of it. The emails, obtained through Freedom of Information Act requests, show that this trio and other environmentalists essentially wrote the rule. Their inside man was Michael Goo, who worked at the NRDC before becoming the EPA’s Associate Administrator for the Office of Policy. The emails show intense 2011 communications between Mr. Goo and high-level officials at the NRDC, the Sierra Club and the Clean Air Task Force. Mr. Goo used a private Yahoo email account to send multiple drafts of his options memo to these outside groups, which returned them with draft instructions.â€
LOL!
re: “Why don’t you like oil companies?”
Allow me to qualify what was in my mind when I said, “I am no big fan of oil companies”.
First, my main point was that putting a fee on a barrel of oil is simply a tax on the consumer. That would be true no matter what type of business it is whether oil, or TV’s, or whatever. That is what I was outraged about.
When I said “I am no big fan of oil companies” I should have said, “Whether one likes oil companies or not . . .” putting a fee per barrel on them only makes it hard on average Americans. I appreciate the political crap oil companies, as well as business in general, have to deal with in just trying to make a profit to stay in business.
I appreciate the innovations and all the products and influence oil companies have on improving our way of life. My grandfather was a “roust-about” for Texaco in Oklahoma and loved going around with him maintaining oil wells in rural Oklahoma.
I apologize for any perceived dissing of oil companies. Hope that helps.
How is an autonomous car any ‘cleaner’ than one driven by a human?
Will never ride in a Obamonatumus Car. Barf.
Hell own GM, Dodge, and Oil companies. The full Monty!
Don't worry, Ryan will arrange the votes so that the Republicans in "safe" districts will get to vote first. They'll vote "Aye" of course. Then, after there are enough votes for it to pass, the ones in shaky districts will be allowed to vote "Nay".
That way, the ones in shaky districts can go home and tell their constituents "Yeah boy! I voted NO on that awful Bill!"
Priebus will make sure that those Republicans in the "safe" districts who voted "Aye" won't face any strong primary challenges. Tea Party and other conservative types will be destroyed, by hook or by crook.
I lol’d.
($10 a barrel fee when it is selling at $35? This is utter insanity, treason really. I lost a good chunk of money on a coal stock because Obama ran that into the ground. Now he wants to sabotage oil?)
Did you expect anything else from this adminstration.
( I really loathe this man-child. )
You say it so nicely. I could not do it that way.
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