• 1 hour Getting out of oil .. now
  • 5 hours Surprise! Aramco Scraps International Listing Plans
  • 1 hour Too much or doable - $900 Billion Annual Investments Needed In Renewables By 2030
  • 8 hours EU Proposes Online Turnover Tax For Big Tech Firms
  • 52 mins U.S. Arrests Iranian Over Alleged $115 Million Sanctions Evasion Scheme Involving Venezuelan Housing Project
  • 43 mins The Facebook/Cambridge Analytica Scandal
  • 7 hours "Rock star of science" - Stephen Hawking, Who unlocked The Secrets Of Space And Time, Dies at 76
  • 8 hours Country With Biggest Oil Reserves Biggest Threat to World Economy
  • 10 hours Step forward or blackmail? DJT: Tariffs On Steel and Aluminum Will Only Come Off If New Fair NAFTA Agreement Is Signed.
  • 3 hours CERAweek Meeting
  • 2 hours Nuclear Bomb = Nuclear War: Saudi Arabia Will Develop Nuclear Bomb If Iran Does
  • 20 hours 2020 - Electricity From Renewables Will Be Cheaper Than From Most Fossil Fuels?
  • 8 hours McDonald's Sets Greenhouse Gas Reduction Targets
  • 3 hours Bad seven days for Martin Shkreli
  • 20 hours Terminator plans to sue big oil for 'first degree murder'
  • 21 hours Statoil Changes Name
Is Tesla About to Collapse?

Is Tesla About to Collapse?

The remarkable resilience of Tesla…

The Oil Major That Won’t Leave Iran

The Oil Major That Won’t Leave Iran

As rumors of Trump’s plans…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Koch Brothers Oppose Trump’s Gas Tax Hike


The Koch brothers are against a $0.25 gasoline tax hike that would pay for planned infrastructure construction, according to a new report in the Washington Post.

“I urge you to oppose the 25-cent gasoline tax increase to fund infrastructure legislation,” Philip Ellender, head of government and public affairs at Koch Companies Public Sector, told members of Congress in a letter last week. “Just as many Americans are starting to see more money in their pockets from tax reform, ask yourself: Does the government want to take back a large portion of this tax relief to pay for more government spending?”

President Donald Trump proposed the 25-cent tax hike several times during a closed-door meeting earlier this month, Senator Thomas R. Carper (D-Del.) told reporters. Even before the meeting, Americans for Prosperity and Freedom Partners – both Koch-funded groups – had announced their opposition to the tax hike, which would fund $1.5 trillion in infrastructure spending.

“I oppose raising the federal gas tax,” Wyoming Senator John Barrasso, who chairs the Senate committee working on infrastructure, said. After hearing Trump’s arguments, he added: “not everyone who uses the roads today pays the tax, and not all of the money collected goes towards fixing America's aging roads and bridges.”

Last month, the U.S. Chamber of Commerce called for a “modest” increase in the federal fuel fee, because inflation and vehicle fuel economy have eroded its value since it was last raised back in 1993.

“Increasing the fee by a total of $.25 cents, indexed for inflation and improving fuel economy, would raise $394 billion over the next 10 years,” Chamber of Commerce president and CEO Tom Donohue said.

Republican lawmakers have pushed back on the idea of raising the gas tax, but there are some who are thinking the unthinkable, the Washington Examiner reports.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment
  • MontanaOsprey on February 22 2018 said:
    To even float this tax this year, before midterm elections, is INSANE. “Mule, meet 2”x4”. 2” x 4”, meet mule!” LOL

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News