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Noreen Evans
Poll shows strong support for oil extraction tax, Tom Steyer says
Poll shows strong support for oil extraction tax, Tom Steyer says

Support for a state oil extraction tax is strong and includes large percentages of Democrats, independents and even Republicans, says Tom Steyer, a billionaire former hedge fund investor turned environmentalist and political activist. Steyer, a San Francisco Democrat, on Wednesday cited a new poll that found that nearly two-thirds of Californians support a tax at the wellhead on every barrel of crude oil pumped from the ground. California, he said, is the only one of 22 major oil-producing states that doesn't collect a so-called severance tax. The poll was commissioned by NextGen Climate, a nonprofit organization founded by Steyer. The poll results are "misleading, flawed and...

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