City Oil Drilling Tax Measure O Drowning In Opposition Money
The L.A. City Council is looking to make a quick $4 million by imposing new taxes, and they seem to have found a relatively easy target to pin them on: the much-maligned oil industry.
After all, who would support the same industry that brought us the BP oil spill? Not just the wealthy oil companies, it turns out, but also a surprising coalition of small minority organizations.
A formidable coalition of oil producers and chambers of commerce has formed in opposition to the measure, raising more than 33 times as much as supporters — $400,000 compared to only $11,500, according to the City Ethics Commission.
Read the rest of the story here on the Under The Influence site co-prodcued by USC Annenberg News21 and KCET's SoCal Connected.