Resources

  • Energy Tax Facts
  • 7 Oct 21

House Energy Action Team Members Slam Biden’s Self-Made Energy Crisis As Gas Prices Soar To Seven-Year High

“The Biden Administration has abandoned hard-working families because they once again chose radical anti-energy special interests over lower energy costs and national security for American households. Since taking office, President Biden’s anti-American energy agenda has been on full display as he has killed the Keystone pipeline and halted domestic oil and gas exploration while begging […]

  • Energy Tax Facts
  • 9 Sep 21

Fact Check: Tax Cuts and Jobs Act Helped American Workers

By House Ways & Means Committee Republicans Unable to defend the merits of their $3.5 trillion tax hikes and spending spree (especially given that a whopping 80 percent of Americans oppose tax hikes right now), Democrats are resorting to repeating the misleading and debunked claims about the historic 2017 tax cuts. Here are a few. False Dem Claim: “[TCJA] contributed a great deal to […]

  • Energy Tax Facts
  • 8 Sep 21

Energy, Manufacturing, Labor And Business Groups Urge Senate To Oppose Punitive Natural Gas Tax

The American Petroleum Institute (API) and 130 energy, manufacturing, business and labor trade organizations across the natural gas and oil supply chain sent a letter to the U.S. Senate Committee on Environment and Public Works opposing legislation that would place a fee on methane. The organizations, led by API, explain that the proposal is a “pay-for” that […]

  • Energy Tax Facts
  • 7 Sep 21

AGA-led Natural Gas Industry Letter to Congress on Methane Fees

On behalf of the companies and associations that make up the natural gas supply chain and the 180 million Americans and the 5.5 million businesses that rely on natural gas, we would like to express our concerns about including a methane emissions fee or tax in budget reconciliation legislation. Through numerous programs and initiatives, our […]

  • Energy Tax Facts
  • 7 Sep 21

Sen. Kevin Cramer (R-ND) Writes to Dem. Congressional Leaders Opposing Methane Emissions Tax

The letter focuses on the negative impact of a fee on methane emissions from oil and natural gas facilities, a plan based on Democratic legislation known as the Methane Emissions Reduction Act of 2021. This proposal would assess an escalating $1,800 per-ton fee on businesses based on their share of activity in a particular geologic […]

  • Energy Tax Facts
  • 2 Sep 21

GO-WV, MSC and OOGA Methane Fee letter to Ohio, Pennsylvania, and West Virginia Congressional Delegations

We are writing on behalf of our respective organizations to urge your opposition to any fee on methane emissions that may be considered as part of the budget reconciliation package. Such a fee is simply an unreasonable, punitive tax intended to harm the oil and natural gas industry and consumers, as well as diminish the […]

  • Energy Tax Facts
  • 2 Sep 21

Illinois Petroleum Resource Board: The Most Targeted Oil & Gas ‘Subsidies’ Aren’t Subsidies at All

More than 50 lawmakers are pushing for the repeal of oil and natural gas industry “subsidies” as part of the budget reconciliation bill currently being hashed out in Congress. But ironically, the two most notable “subsidies” in their crosshairs – the expensing of intangible drilling costs (IDCs) and the percentage depletion allowance – aren’t subsidies at all. […]

  • Energy Tax Facts
  • 3 Jun 21

ATR: Biden Plan to Repeal IDCs Threatens Manufacturing Jobs, Raises Energy Costs

President Joe Biden and Congressional Democrats have proposed repealing various tax provisions they describe as “oil and gas subsidies.” Many of these provisions, such as the deduction of intangible drilling costs (IDCs), are not subsidies but are important tax provisions that promote investment, job creation, and growth. Repealing this provision and raising taxes on oil […]