Reuters | Obama to seek new tax on oil in budget proposal Reuters The long-shot proposal for the oil fee, set to be announced in Obama's fiscal 2017 budget plan on Tuesday, would provide nearly $20 billion a year to help expand transit systems across the country and more than $2 billion a year to support research and ... Obama to propose $10-per-barrel fee on oil Obama to Propose a $10-a-Barrel Fee on Oil Obama to push $10-per-barrel oil tax for green transportation plan |