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Oil Spill Liability Trust Fund

An oil slick is visible on the surface of the Pacific Ocean near Refufio State Beach on May 21st, 2015, in Goleta, California.
Environment

The Budget Deal Reinstates a Tax to Fund Oil Spill Clean-Ups

The tax on both domestic crude and imported petroleum products generated $500 million a year, on average, in federal revenue.

By Kate Wheeling