U.S. CHAMBER OF COMMERCE

Taxing Our Way to Energy Insecurity Again

Taxing Our Way to Energy Insecurity Again

The Institute for 21st Century Energy has issued new report that discusses why higher oil and gas taxes will increase dependence on foreign oil, raise costs to consumers, jeopardize U.S. jobs and erode economic competitiveness. Taxing Our Way to Energy Insecurity Again reviews the reasons why the administration’s proposed $80 billion tax increase on oil and gas is the wrong path forward, and provides recommendations that will improve energy security and promote economic growth. Read Taxing Our Way to Energy Insecurity Again.