CBC: "US Oil Refineries Pay Property Taxes 5 Times Higher than What NB Refinery Pays"

RFF Fellow Daniel Raimi is quoted, and RFF research cited, in a story about property taxes paid by oil refineries.

View on Canadian Broadcasting Corporation website


Dec. 2, 2022

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Media Highlight


Canadian Broadcasting Corporation

According to a working paper version of a study done by the Washington-based research group Resources for the Future, a review of property taxes paid by 19 large U.S. refineries in six states shows the average amount paid by oil companies to local communities in 2020 was $71.86 US for every barrel per day of processing capacity...

There are more than 130 oil refineries in the United States, but half of those process fewer than 100,000 barrels per day.  In an interview, the lead author of the study, Daniel Raimi, said instead of documenting property taxes paid by every one, it was decided to look at a group of the largest. 

[Raimi is quoted three more times in this story.]

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