SENATE BILLS AIM TO IMPOSE U.S. OIL IMPORT FEE
Two senators have filed a bill that would establish a $25fbbl floor price for U.S. oil imports. The Clinton administration is considering added energy taxes as part of legislation to spark the U.S. economy and reduce the budget deficit (OGJ, Feb. 1, p. 15). Bennett Johnston (D-La.), chairman of the Senate energy committee, and Sen. Bob Krueger (D-Tex.) filed a bill they hope will influence the Clinton plan.