WASHINGTON — House Speaker Paul Ryan (R-WI) released the following statement on the Obama administration’s proposal to add a $10 tax on every barrel of oil:
"Once again, the president expects hardworking consumers to pay for his out of touch climate agenda. A $10 tax for every barrel of oil produced would raise energy prices—hurting poor Americans the most. This announcement, the latest in a series of regulatory attacks on the energy sector, proves President Obama is still on a mission to destroy a major backbone of the U.S. economy. The president should be proposing policies to grow our economy instead of sacrificing it to appease progressive climate activists. The good news is this plan is little more than an election-year distraction. As this lame-duck president knows, it's dead on arrival in Congress, because House Republicans are committed to affordable American energy and a strong U.S. economy."