Unlike Trump's suggested quarter-per-gallon gas tax, this 9-cents-per-barrel tax is real. Like the gas tax, it goes to a trust fund, to respond to oil spills rather than build and maintains roads. While small, it brings in $500 million annually.
Tuesday's pipeline spill resulted in an oil slick off the Santa Barbara coast. While incomparable in size to the 1969 spill resulting from an oil platform blowout, it is yet another reminder of environmental consequences of oil dependency.