Congress is considering quadrupling the tax on oil, from eight cents a barrel to 32 cents. It would raise nearly $11 billion over the next decade to be used to pay for cleaning up oil spills.
Which we all know means higher prices for us the consumer. So why do we have to pay to clean up oil spills? If they are going to charge us because we pump the gas…then also charge the car makers for not making more cars less dependant on oil. And of course don’t forget that the owner of the rig is asking that he not be made to pay more than a certain amount of the clean up costs. Thankfully the White House is asking Congress to lift a $75 million dollar cap on damages.