Thursday, April 23, 2009
The oil and gas industry's energy policy: Drill, baby, drill! Import, baby, import!:+ Increase, not decrease energy production by promoting all sources. [In other words, peak oil doesn't exist.]
+ Encourage energy efficiency as a core American principle.
+ Encourage investment in advanced technologies and long-term energy initiatives.
+ Allow market forces to allocate products and adjust to changing conditions.
+ Refrain from new taxes that make it more expensive to develop our domestic supplies.
+ Support the need to participate actively in global energy markets rather than isolate the U.S. [In other words, become more dependent on foreign sources.]
From print ad of the oil and gas industry:
Congress will soon consider massive new taxes and fees – which could easily exceed $400 billion – on America’s oil and natural gas industry, yet this level could produce devastating effects on our economy, all when America can least afford it.
These unprecedented taxes and fees would reduce investment in new energy supplies at a time when nearly two-thirds of Americans support developing our domestic oil and natural gas resources. That would mean less energy, and it would cost thousands of American jobs, actually reduce local, state and federal revenue, and further erode our energy security.
Learn more and tell Congress to oppose these proposals to impose $400 billion in tax hikes on America’s oil and natural gas companies. By using SocialCapital, you can voice your opinions to public officials and members of Congress about key energy issues via Twitter, Facebook, YouTube and more.
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