![Ron Wyden](/content/images/size/w720/wp-content/uploads/2022/06/IIHW2QXF4JITXAJNHNXFKDFEGE.jpg)
Senator Ron Wyden proposes a tax increase on price-gouging oil companies
US Senator Ron Wyden, a Biden ally from Oregon, is proposing a new piece of legislation that would set a 21% surtax on oil companies for what would be considered price gouging or “excessive profits,” according to two people familiar with the proposal. The idea is that this would be