dzԹ

Skip to main content

API states crude tax hike can cause harm

 

Published by
World dzԹ,

dzԹThe White HousedzԹs US$10/bbl tax hike on crude oil could harm consumers, destroy jobs and raise energy costs,dzԹ said API President and CEO Jack Gerard.

dzԹThis unprecedented tax hike dzԹ 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 dzԹ is just the latest bad idea from this administration when it comes to US oil and gas resources. API strongly supports Congressman BoustanydzԹs resolution to oppose this harmful measure.dzԹ

Edited from source by

 

Obama lifts export ban of crude

President Obama decides to lift the export ban of crude oil, a decision that is good for consumers and the USAdzԹs energy security.