President Obama’s Energy Tax
Latest Democrat Scheme Could ‘Could Add As Much As 25 Cents A Gallon To The Cost Of Gasoline’
“President Barack Obama will propose a $10 per barrel tax on oil in his fiscal 2017 budget plan…” (“Obama $10-Per-Barrel Oil Tax Lands With Thud in Congress,” Bloomberg News, 2/04/2016)
If Enacted, ‘Consumers Will … Pay The Price’ For ‘Trickle Down’ Tax On Gas
“Obama's $10 oil tax proposal would cost motorists” (“Obama's $10 Oil Tax Proposal Would Cost Motorists,” USA Today, 2/05/2016)
- “Consumers will likely pay the price for President Obama's proposed $10 tax per-barrel of oil, an administration official and a prominent analyst said Thursday.” (“Obama's $10 Oil Tax Proposal Would Cost Motorists,” USA Today, 2/05/2016)
- WHITE HOUSE ECONOMIC ADVISER JEFF ZIENTS: “This is a per-barrel fee on oil paid for by oil companies. ... We recognize that oil companies will likely pass on some of these costs.” (“Obama's $10 Oil Tax Proposal Would Cost Motorists,” USA Today, 2/05/2016)
“The fee could add as much as 25 cents a gallon to the cost of gasoline...” (“Obama To Propose $10-A-Barrel Oil Tax,” Politico, 2/04/2016)
- “That means a 15-gallon fill-up would cost at least $2.76 more per day. It would also affect people who use heating oil to warm their homes and diesel to fill their trucks.” (“Obama's $10 Oil Tax Proposal Would Cost Motorists,” USA Today, 2/05/2016)
“Energy companies will simply pass along the cost to consumers, Patrick DeHaan, senior petroleum analyst for GasBuddy.com, which tracks gas prices nationwide, said in an interview with USA TODAY. . . . ‘Something like this would trickle down and be a $10 per barrel tax on motorists,’ DeHaan said. ‘This is not something oil companies are going to absorb.’” (“Obama's $10 Oil Tax Proposal Would Cost Motorists,” USA Today, 2/05/2016)
FLASHBACK: FORMER ENERGY SECRETARY STEVEN CHU: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” (“Times Tough For Energy Overhaul,” The Wall Street Journal, 12/12/2008)
‘Environmentalists… Heaped Praise Upon Obama,’ While Dems Remain ‘Largely Silent’
“…environmentalists… heaped praise upon Obama's outline for a fee on the 19 million barrels of oil used every day in the U.S.” (“Republicans Savage Obama's Oil Tax Plan,” Politico, 2/04/2016)
- ELIJAH ZARLIN, director of Climate Campaigns at CREDO Action: “The new oil fee in President Obama’s budget is a welcome step…” (“Obama Proposes $10 Per Barrel Oil Tax…” ClimateProgress, 2/4/16)
“…so far, Democrats remained largely silent on the oil-tax proposal.” (“Republicans Savage Obama's Oil Tax Plan,” Politico, 2/04/2016)
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SENATE REPUBLICAN COMMUNICATIONS CENTER
Related Issues: Economy, Energy, Taxes
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