The proposed fee, which would be paid by oil companies, is likely to fall flat in the Republican-controlled U.S. Congress. (Reporting by Ayesha Rascoe and Roberta Rampton; Editing by Eric Beech)
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Obama to seek new tax on oil in budget proposal
WASHINGTON, Feb 4 (Reuters) - U.S. President Barack Obama will propose a new $10 a barrel fee on oil in his budget plan next week, as the White House seeks to boost the nation's investments in clean transportation projects, the White House said on Thursday.
