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house Bill H. Con. Res. 112

Does Congress Need to Oppose the President’s Proposed $10 Per Barrel Tax on Oil?

Argument in favor

Imposing a new tax on oil could lead to rising gasoline and heating costs. Oil companies will likely pass the tax on to consumers.

BTSundra's Opinion
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03/25/2016
Why would you want an important commodity to be more expensive?
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03/25/2016
Raising taxes on oil companies won't necessarily hurt them. However it will hurt low income families who are trying to keep their homes warm and make ends meet paying all sorts of bills and living paycheck to paycheck. This isn't helping a problem, it's making another worse!
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Ben's Opinion
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03/25/2016
Think of the American economy as yourself running a marathon and while you're running the people in charge keep adding weights to your feet and arms that is what it is like adding taxes to the economy it weighs you down slows your pace. Adding such a tax to something that is so vital to this economy is downright laughable and shows a severe lack of understanding about how economics and business works and to think that it would stimulate a better alternative is also laughable I don't believe Edison was compelled by a tax to come up with the lightbulb or Alexander Graham Bell to come up with the telephone or Henry ford the model T when a viable alternate energy becomes available the economy on its own will phase out such energy sources as oil
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Argument opposed

Congress shouldn’t be opposing the President’s proposed tax increase without proposing solutions for funding needed infrastructure projects.

TateChan's Opinion
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03/25/2016
With prices so low, consumers can afford this tax easily. Consumption will decrease, revenue will be generated and more focus on alternative energies will be created.
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David's Opinion
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03/28/2016
It's vitally important that we transition from fossil fuels. Our Economy, National Security, and environment depend on it. Taxes on oil should be levied to both fund our crumbling infrastructure and discourages fossil fuel use.
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Steven's Opinion
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03/25/2016
Let big oil carry its own weight for a change.
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concurrent resolution Progress


  • The senate has not voted
      senate Committees
      Committee on Finance
  • The house Passed June 10th, 2016
    Roll Call Vote 253 Yea / 144 Nay
      house Committees
      Committee on Ways and Means
    IntroducedFebruary 9th, 2016

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    Why would you want an important commodity to be more expensive?
    Like (42)
    Follow
    Share
    With prices so low, consumers can afford this tax easily. Consumption will decrease, revenue will be generated and more focus on alternative energies will be created.
    Like (68)
    Follow
    Share
    It's vitally important that we transition from fossil fuels. Our Economy, National Security, and environment depend on it. Taxes on oil should be levied to both fund our crumbling infrastructure and discourages fossil fuel use.
    Like (29)
    Follow
    Share
    Raising taxes on oil companies won't necessarily hurt them. However it will hurt low income families who are trying to keep their homes warm and make ends meet paying all sorts of bills and living paycheck to paycheck. This isn't helping a problem, it's making another worse!
    Like (28)
    Follow
    Share
    Let big oil carry its own weight for a change.
    Like (18)
    Follow
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    Think of the American economy as yourself running a marathon and while you're running the people in charge keep adding weights to your feet and arms that is what it is like adding taxes to the economy it weighs you down slows your pace. Adding such a tax to something that is so vital to this economy is downright laughable and shows a severe lack of understanding about how economics and business works and to think that it would stimulate a better alternative is also laughable I don't believe Edison was compelled by a tax to come up with the lightbulb or Alexander Graham Bell to come up with the telephone or Henry ford the model T when a viable alternate energy becomes available the economy on its own will phase out such energy sources as oil
    Like (15)
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    Taxing fuel for transportation, heating, and power generation continues to feed inflating costs to consumers and stifles an already fragile economy.
    Like (13)
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    Yes oppose Obama any time he proposes more taxes or entitlement spending, anything which weakens the United States
    Like (9)
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    This will increase gas prices by ONLY $0.05/gallon and will generate approximately 7 BILLION DOLLARS each year to move in the direction of clean energy. Please kill this bill.
    Like (8)
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    This president has and is still doing everything he can do to make us dependent on the government instead of letting capitalism work
    Like (7)
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    The "important commodity" NEEDS to be more expensive because money talks. Money is power. Yes it will have a short term impact on the industry, however, another important commodity we need to be considering is the environment. We are on the threshold of being able to make important environmental changes but that starts with big strides. To think that "when a viable alternative energy source becomes available" the economy will phase out our current system is absolutely laughable. The oil industry has been buying out all alternatives to limit competition instead of investing their surplus billions in clean energy which would make them the leaders in those fields. To say that one cares about the "poor Americans" who would suffer from this because they won't be able to make ends meet is backwards. Opposition to social programs, income inequality, and capitalism make the poor suffer. They work for industries that are too greedy to share any of their 1000% profit margins with their workers. Second, effects of climate change are destroying the lifestyle of the impoverished across the globe. Native people of other countries who make their living on the land do not have access to the technologies that make us able to cultivate land in developed countries, and for those who make their lives in different ways using the land, the plant and animal communities they have relied on for centuries are changing rapidly. Changing the dynamic of the oil industry is one of the only ways to change the nature of the global economy and that starts with a global leader putting their foot down and making a change. It is our responsibility as a leading country to limit the effects of our industry across the globe.
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    The taxes on oil and gas are higher than the profit made by oil companies and refineries. The govt is already taking us to the cleaners when it comes to fuel. On the contrary to pirate Obama's proposal, I say CUT the taxes and cut govt spending.
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    Oil is very cheap right now and environmentally dangerous. It's a reasonable tax to fund essential infrastructure projects.
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    Oil prices are at an all time low right now, and our nations infrastructure is in dire need of development. The oil tax has historically supported infrastructure development, and with prices so low this is a perfect opportunity to generate funds without hurting people's wallets.
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    As a leading nation we must limit the fossil fuel industry and encourage an abundant amount of power regulated environment. Life is not free, there is always a price to everything. Think about the only form of way consumers and manufactures will make their profit: BY A SLIGHT TAX! This money then could be invested into the economy to gradually improve our infrastructure, and environment as well, alleviating some of the most crucial issues in our nation. I do respect the fact that there is a slight tax on oil because oil is the imperative source for our electricity, hot water (incorporating running water), and a generator for transportation. The tax is the only manner in which manufactures may be payed to invest the money into our economy "CREATING AMERICAN JOBS"!
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    Our infrastructure is crumbling and badly needs repairs and some expansion--this directly affects our economy, as people need to get to work and schools and training, and businesses need to acquire basic materials for their business and get products to market. Broken roads and bridges and airports and rails directly affects the cost of doing business, as well as the general quality of life. Bite the bullet, so to speak, and vote for it.
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    America is now producing more oil than ever before--we're quickly turning into a leader in the industry. While the low prices are great for middle-class Americans to be able to eat out more, buy more luxury goods, etc., the profits of said lower prices are just making CEO's richer and richer. This tax would only be a small increase in the price--it wouldn't force middle-class Americans to stop eating out, but it would put the money into projects deigned to benefit Americans (those projects will be dealing with our ever-aging infrastructure). I agree that this shouldn't be our first course of action to fix the infrastructure issue... let's instead remove the Department of Education and the Department of Health and leave those tasks to the states. But this is the option we have right now, and we should take it.
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    If he wants a $10/bbl tax, do it on imports not our own production. Oppose ALL tax increases. The govt is wasteful.
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    because 10$ will fall back on the tax paying americans
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    If it is only in imported oil. The oil companies buy the cheapest oil available rather than support domestic oil causing havoc to our economy. I think taxing imported oil so that US oil refineries are forced to use domestic would be best think since sliced bread
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