Energy drives the American economy. Our current energy and economic challenges are too great to ignore. While the American people have demanded a balanced solution including all energy sources, the Administration is proposing new taxes on the oil and natural gas industry.
Those taxes would mean less energy, fewer American jobs, and reduced local, state and federal revenues. With America in the midst of an economic recession, now is not the time to impose new taxes on the oil and natural gas industry; instead, it should be allowed to develop the vast domestic energy sources that belong to the American people.
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Sponsored by the American Petroleum Institute