Globe and Mail | Oil tax increase would help pay to clean up spills The Associated Press WASHINGTON â€" Responding to the massive BP oil spill, Congress is getting ready to quadruple â€" to 32 cents a barrel â€" a tax on oil used to help finance cleanups. The increase would raise nearly $11 billion over the next decade. ... Pressure mounts for federal takeover of oil spill response BP's Gulf battle echoes monster '79 Mexico oil spill White House: New Estimate On Oil Spill May Come This Week |
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