The US Chamber of Commerice is advocating a 25-cent per gallon raise in the gas tax to fund infrastructure projects. That would be on top of the current 18.4 cents per gallon tax now for gasoline and the 24.4 cents per gallon tax for diesel fuel — something that would raise $375 billion over 10 years, it said.
New York City is suing BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, saying that each has contributed to global warming and has cost the city billions of dollars as it has tried to mitigate the harm done from such things as deviant weather patterns. The oil giants, though, are firing back, noting that they are on board with efforts to reduce heat-trapping emissions.
The Trump administration has now given formal notice that it will repeal an Obama-era rule that has strict standards for hydraulic fracking on public lands — all part of what the president says is his ongoing effort to rollback regulations and to encourage domestic energy production that will reduce cost for US manufacturers.