View all text of Subchapter A [§ 4611 - § 4612]
Paragraph (1) shall not apply to any use of crude oil for extracting oil or natural gas on the premises where such crude oil was produced.
If any amount as adjusted under subparagraph (A) is not a multiple of $0.01, such amount shall be rounded to the next lowest multiple of $0.01.
The tax imposed by subsection (a)(1) shall be paid by the operator of the United States refinery.
The tax imposed by subsection (a)(2) shall be paid by the person entering the product for consumption, use, or warehousing.
The tax imposed by subsection (b) shall be paid by the person using or exporting the crude oil, as the case may be.
Except as provided in paragraph (2), the Oil Spill Liability Trust Fund financing rate under subsection (c) shall apply on and after April 1, 2006, or if later, the date which is 30 days after the last day of any calendar quarter for which the Secretary estimates that, as of the close of that quarter, the unobligated balance in the Oil Spill Liability Trust Fund is less than $2,000,000,000.
The Oil Spill Liability Trust Fund financing rate shall not apply after December 31, 2025.