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Tell Congress to Oppose Tax Hikes on Energy Producers


Posted by Chris Prandoni on Sunday, May 15th, 2011, 4:22 AM PERMALINK


In response to skyrocketing gas prices and a stagnant economy, House Republicans have passed three bills which would expand America’s domestic oil production, creating jobs, spurring investment, and reducing America’s dependence on foreign oil. Unfortunately, with a Democrat controlled Senate, it is unlikely Majority Leader Harry Reid (D-Nev.) will allow a vote on these House-passed bills.

Conversely, Democrats have proposed legislation which would raise the price of gasoline by further taxing oil and natural gas producers! The recently introduced, and inaccurately named, “Close Big Oil Tax and Loopholes Act,” is nothing more than a billion dollar tax and will do nothing to alleviate Americans’ pain at the pump.  

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