“This unprecedented tax hike – adding, according to public reports, about 30% to the cost of a barrel of oil and potentially about 25 cents to the cost of a gallon of gasoline – is just the latest bad idea from this administration when it comes to US oil and gas resources. API strongly supports Congressman Boustany’s resolution to oppose this harmful measure.”
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/10022016/api-states-crude-tax-hike-can-cause-harm/
