Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama to propose $10 per barrel fee on oil
CNBC ^ | 2/4/2016 | Jacob Pramuk

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 ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; Government
KEYWORDS: 0bama; donttreadonme; energy; gop2016; grovernorquist; idiocracy; impeach; methane; obama; obamaoiltax; obamaroads; oil; oiltax; opec; petroleum; tanstaafl; tarandfeathers; zerocommonsense
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 181-182 next last
To: GreaterSwiss

I propose that Obama kiss my ***!!!


61 posted on 02/04/2016 1:24:48 PM PST by MeganC (The Republic of The United States of America: 7/4/1776 to 6/26/2015 R.I.P.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LostInBayport

My understanding is Willie Green got a lifetime ban because he never met a tax funded rail system he wouldn’t shill for.

Love him or hate him, he sure left a lasting impression.


62 posted on 02/04/2016 1:24:52 PM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 55 | View Replies]

To: cpdiii

I know Common Core has crippled our thinking, but 6x10=60. 6,970,000,000 × $10 = $69,700,000,000.00 in taxes.


63 posted on 02/04/2016 1:31:01 PM PST by Bryan24 (When in doubt, move to the right..........)
[ Post Reply | Private Reply | To 47 | View Replies]

To: GreaterSwiss
I support a $25 "fee" on every single barrel of oil...that is imported. $40/bbl on refined products.

Fungible or not, if it arrives on a ship or a transnational pipeline, truck or train, $25 per barrel toward the debt principal only.

This would be healthy for the nation in numerous ways.

64 posted on 02/04/2016 1:38:11 PM PST by Mariner (War Criminal #18 - Be The Leaderless Resistance)
[ Post Reply | Private Reply | To 1 | View Replies]

To: zerosix
Re>See that and raise you $10, that all of the anti-Cruz, pro-Rubio supporters agree!

Cruz has sold his souls for a few lousy votes. If supporting this would get him NH he would. I see this Cruz turning slimy like a Clinton.

65 posted on 02/04/2016 1:38:46 PM PST by IC Ken
[ Post Reply | Private Reply | To 58 | View Replies]

To: LostInBayport

He got run over by a train.


66 posted on 02/04/2016 1:39:19 PM PST by MinorityRepublican
[ Post Reply | Private Reply | To 55 | View Replies]

To: IC Ken
Ah, I get it, I think. Maybe not.

Kinda like Trump, right!

67 posted on 02/04/2016 1:40:55 PM PST by zerosix (Native Sunflower)
[ Post Reply | Private Reply | To 65 | View Replies]

To: GreaterSwiss

How about the winning political party funding an alternative party?

I am certain his plan will work as government manages money so well.


68 posted on 02/04/2016 1:43:39 PM PST by rey
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
"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.
Image and video hosting by TinyPic

"Oh Yeah, That's Why.
Death to America!"


69 posted on 02/04/2016 1:45:19 PM PST by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
[ Post Reply | Private Reply | View Replies]

To: GreaterSwiss

I see his game, oil is so low now no one would notice. It’s a prime chance to fund more leftism. Betcha the RINO’s would do nothing to stop it.


70 posted on 02/04/2016 1:46:47 PM PST by redfreedom (Voting for the lesser of two evils is still voting for evil.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss
"propose"

Propose in one hand and sh!t in the other, and see which fills up faster.

5.56mm

71 posted on 02/04/2016 1:47:25 PM PST by M Kehoe
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

America can’t afford to WASTE another $10 per barrel!


72 posted on 02/04/2016 1:54:58 PM PST by 2harddrive
[ Post Reply | Private Reply | To 1 | View Replies]

To: Angels27

>>Any Republican in congress that votes for this BETTER be run out of office on a rail in November.

No. They should be run out of town on a rail right now! Actually, they should to have sneak out of town in the dead of night to prevent being stripped and hanged in the morning by angry mobs.


73 posted on 02/04/2016 1:56:40 PM PST by Bryanw92 (Sic semper tyrannis)
[ Post Reply | Private Reply | To 2 | View Replies]

To: GreaterSwiss

Yes Saudi is dying. He will send them the cash/


74 posted on 02/04/2016 1:58:38 PM PST by DeathBeforeDishonor1
[ Post Reply | Private Reply | To 1 | View Replies]

To: dfwgator

LOL....


75 posted on 02/04/2016 1:59:05 PM PST by Gator113 (~~Go Trump Go~~~~Go Trump Go~~~~Go Trump Go~~~~Go Trump Go~~~~Go Trump Go~~~~Go Trump Go~~)
[ Post Reply | Private Reply | To 9 | View Replies]

To: GreaterSwiss
Wish I could dump a barrel of oil in the oval office with him in it.

Anyone else want to bring the feathers?

76 posted on 02/04/2016 2:01:51 PM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

“Underlying most arguments against the free market is a lack of belief in freedom itself.”

— Milton Friedman


77 posted on 02/04/2016 2:08:37 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Buckeye McFrog

LOL!!!!


78 posted on 02/04/2016 2:09:13 PM PST by TomServo
[ Post Reply | Private Reply | To 4 | View Replies]

To: DeathBeforeDishonor1

The Saudis would do well to take Mandarin language lessons.
That’s who is gonna be their daddy over the next couple decades.


79 posted on 02/04/2016 2:11:11 PM PST by nascarnation
[ Post Reply | Private Reply | To 74 | View Replies]

To: GreaterSwiss

This Baboon ain’t having none of it ...

https://www.youtube.com/watch?v=WmnUayaQyBk


80 posted on 02/04/2016 2:12:10 PM PST by soycd
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100 ... 181-182 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson