RBC I Americans today are relieved to be paying less than $2 for a gallon of gas. President Obama, though, thinks that’s just not enough.
In his recent budget request to Congress, the president proposed a $10.25-per-barrel fee on crude oil to fund transportation projects. If implemented, this new tax would paralyze the economy, undermine our competitiveness in the global energy market and raise prices at the pump by more than 10 percent.
The timing…