New Energy Taxes Will Hobble Economy

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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