FEDERAL SUPPORT FOR OIL SPILL FUND WILL END IN 2018

Posted on Dec 19, 2017 |

From: Juneau Empire

“On Monday, Public Employees for Environmental Responsibility said by email that a 9-cent per-barrel excise tax on all American crude oil will expire at the end of the year. That tax goes into the fund to pay for oil spills from a variety of sources, including pipelines, refineries, oil wells and ships. Rick Steiner, a retired University of Alaska Anchorage professor and board member of PEER, said by email that the issue was a “spectacularly fumbled ball by Congress.”"

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