Obama To Finally Propose Taxing Oil by the Barrel

In a move that should have come decades earlier, the Obama administration proposed on Thursday a tax on every barrel of oil produced by companies in the U.S—$10 a pop.

In a move that should have come decades earlier, the Obama administration proposed on Thursday a tax on every barrel of oil produced by companies in the U.S—$10 a pop.
Gasoline is now cheaper than milk. Stop using milk to fill up your cars—use gasoline instead.
New York officials say an eighth body was pulled from the rubble today after a massive gas explosion brought down most of one building and part of another yesterday in Harlem.
A drilling rig in the Gulf of Mexico is on fire after a natural gas blowout. NBC reports that 47 people were rescued from the blowout, which occurred 55 miles offshore.
Welcome to Thatz Not Okay, a regular column in which I school inquiring readers on what is and is not okay. Please send your questions (max: 200 words) to caity@gawker.com with the subject "Thatz Not Okay."
What is the ultimate representation of the magnificence that is our complex, dynamic, and hugely mysterious planet Earth? Could it be something as simple as the laughter of children? Is it our wondrous oceans? Or is it an intangible quality, like the fact that humans continue to labor toward improvement despite the…
New York City is currently experiencing a crippling gas shortage. The entire New York City/New Jersey region has twelve gallons of gas, post-Sandy. (Estimation.) Hours-long lines at the pumps have exploded in brawls and even gun-waving. How bad is it, really? We want to hear your worst horror stories of waiting at the…
In addition to self-entitled politicians, celebrity herpes, elitist bedbugs, and those aggressive little purple animals that always hide inside the ice machines, please add "being gassed while sleeping" to your growing list of hotel hazards.
Who of us hasn't, at one time or other in our wild and misspent youths, let one rip, mightily and strong, for the comic benefit of our peers? It's practically a rite of passage! Well, two such mischievous scamps, seventh graders from Ohio, have been suspended by their school for doing just that. Farting on their…
Five major US airlines — AirTran, Delta, US Air, Virgin America, and JetBlue — have all recently raised (or will soon raise) their domestic round-trip airfare by $10. They say the hike was implemented as a way of countering rising jet fuel costs, but clearly it's just another example of the airlines taking us for a…
[This is the sun, as photographed in ultraviolet by NASA's Solar Dynamics Observatory. That huge plasma loop in the lower left? It's a solar prominence, around 400,000 miles long. Video of it forming below.]
You think you've got it rough with gas prices through the roof? Hell, all you have to worry about is driving to work, forgoing vacations, and watching your family freeze this winter. Meanwhile, hip-hop entrepreneur Sean "P. Diddy" Combs can't even fly his private jet to L.A. these days to further his "acting career."…
In a few weeks, self-reliance will be made moot by the collaborative efforts of Exxon and Google. Lost motorists will encounter Google Maps screens at thousands of gas pumps across America. In an ode to the 15th century, after drivers select a destination, the pumps will spit out directions on genuine refined paper…