Amid Industry Decline, Obama Proposes New Oil Tax

The Heartland Institute discusses President Obama's proposed oil tax with Myron Ebell.

Myron Ebell, director of the Center for Energy and Environment at the Competitive Enterprise Institute, believes Obama’s oil tax proposal is political theater.

“Since Obama knows the current Congress will not consider this oil tax, I can only conclude it’s political symbolism aimed at [pleasing] the international climate cabal,” said Ebell.

Read the full article at the Heartland Institute.