“The White House’s US$10/bbl tax hike on crude oil could harm consumers, destroy jobs and raise energy costs,” said API President and CEO Jack Gerard.
“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.”
Integrity 2019 is a two-day online conference for pipeline professionals. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free.
The companies have announced a new partnership to protect the energy industry’s critical infrastructure from increasingly sophisticated and malicious industrial cyber threats.
API President Jack Gerard called on the president to put consumers first and not disrupt America’s energy renaissance with unnecessary, costly regulations.
