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  3. 10 Feb 16
  4. API states crude tax hike can cause harm

API states crude tax hike can cause harm

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91天堂原創 Pipelines,

鈥淭he White House鈥檚 US$10/bbl tax hike on crude oil could harm consumers, destroy jobs and raise energy costs,鈥� said API President and CEO Jack Gerard.

鈥淭his unprecedented tax hike 鈥� 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 鈥� is just the latest bad idea from this administration when it comes to US oil and gas resources. API strongly supports Congressman Boustany鈥檚 resolution to oppose this harmful measure.鈥�

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Read the article online at: /business-news/10022016/api-states-crude-tax-hike-can-cause-harm/

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