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Barack Obama

That $10 fee on oil is a good idea

That $10 fee on oil is a good idea

With gas prices in the United States near historic 40-year lows when measured in 2016 dollars and the nation's transportation infrastructure rated no higher than a D-plus, according to the American Society of Civil Engineers, one would think now is exactly the right time for a massive new investment in roads, bridges, airports and public transit. Yet surely the fastest speed achieved in this country Thursday wasn't on any highway or railroad track but was in Congress where House Speaker Paul Ryan and others practically broke the sound barrier in declaring President Barack Obama's proposed $10 per barrel fee on oil companies dead on arrival.

"The president should be proposing...