White House Will Impose A Sin Tax On Oil To Pay For Green Energy Nonsense

Fullscreen capture 242016 64031 PM.bmp

President Obama will propose a $10-per-barrel fee on oil, paid by oil companies, to cover the costs of his $300 billion “clean” transportation programs in his new federal budget, the White House said Thursday.

While his budget has little chance of passing in the Republican-led Congress, the president is proposing a massive increase in spending on mass transit, high-speed rail and other options to reduce carbon emissions and gridlock. To pay for it, Mr. Obama will call for a $10 tax per barrel of oil.

“The new fee on oil will also encourage American innovation and leadership in clean technologies to help reshape our transportation landscape for the decades ahead,” the White House said in a statement. More

Previous post

Jeb Pleads With Low-Energy Crowd... ‘Please Clap’ (Video)

Next post

Des Moines Register Calls For Audit Of Iowa, Says ‘Something Smells In The Democratic Party’

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.