Business Insider | How An Oil Tax Might Help US Achieve Energy Independence Forbes President Obama recently proposed a $10 per barrel tax on oil. Considering that the oil industry is in disarray with the oil price down more than 70% from its peak, the downward spike in the financial markets, the low growth performance in U.S. GDP and ... ECONOMIST: OPEC is no longer a cartel — it's become 'the central bank of oil' |