Obama Energy Taxes Would Hurt Consumers

June 10, 2016
Blog Post

The House passed two resolutions Friday (June 10) that speak for the American people on energy and the economy.

The first, H.Con.Res. 89, formally said the U.S. House of Representatives believes a carbon tax would be detrimental to the American economy. The other resolution, H.Con.Res. 112, disapproves of the Obama Administration’s proposed $10 per barrel tax on oil and would again hurt the American economy.

Should the proposals from the administration become reality, the citizens of Arkansas’ Fourth Congressional District will not only see the price of goods increase but they will also see limited fuel options. Make no mistake, the Obama administration has a goal of destroying traditional energy options, which will hurt our nation’s economy.

If you are unsure of the impacts these taxes could have on you and your neighbors, just look at the impact $10 per barrel could have on the commute to and from work or your family’s summer vacation. POLITICO reports that it could add as much as 25 cents per gallon to fuel prices. On a typical four-door family vehicle, that could add an extra $4 for each trip to the pump. If you own an SUV or pickup, the cost would be even higher. Factor in higher gas prices as a result of anti-energy policies, and families in the Fourth District could be crippled by these policies.

With passage of H.Con.Res. 89 and 112, the House hopes to put a stop to these dangerous proposals before they can become a reality.