The groups write, “Absent congressional action, at the end of 2025 American families and employers will be hit with the largest tax increase in American history…”
“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 […]
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 […]
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 […]
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 […]
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 […]
Download the Letter Dear Chairman Wyden and Ranking Member Crapo, The undersigned trade associations represent all segments of the oil and natural gas sector ranging from family-owned businesses to the largest multi-national enterprises operating around the world. We write to voice our uniform opposition to proposed changes to the Internal Revenue Code (“the Code”) in […]
“It’s one thing for policies to accelerate investment activity or production of certain products, but it is an entirely different matter to write laws that would punish a particular industry, especially one that is so fundamental to our economic growth and national security.”
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