A worker at the Dura oil refinery, on th


(NEWSER) – President Obama, apparently embracing his position as a Democratic president with no elections left to fight, is proposing a hefty new tax on oil to fund cleaner energy and transportation.

The White House says Obama's budget request to Congress will include a $10-per-barrel tax on oil companies, which would raise up to $32 billion a year, some of which would be spent on mass transit and on replacing the country's aging infrastructure, the New York Times reports. The tax will affect foreign and domestic oil companies alike, and the White House—which will include relief for families affected by higher energy bills in the plan—admits that oil firms will probably pass the cost of the tax on to consumers, USA Today reports.

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