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Energy Myth
Myth: Raising taxes on U.S. oil and natural gas companies will lead to America being less dependent on foreign oil and encourage use of alternative sources of energy.
Fact: Historically, higher taxes have resulted in less domestic energy – and restrained supplies often lead to higher energy costs for consumers. In today’s economy, that could stifle a recovery and make Americans more dependent on foreign oil and natural gas. New taxes will make it more expensive for oil and natural gas companies to initiate traditional and alternative energy exploration and development programs, putting our nation further behind in the race for more energy.
Energy Events
Energy Forum News
The week ahead: Keystone pipeline, Solyndra probe in focus
The House Energy and Commerce Committee is expected to vote Tuesday on GOP legislation that effectively mandates approval of the Keystone XL oil sands pipeline.
Alberta trade envoy says there is still hope for Keystone XL oilsands pipeline
CALGARY - Alberta's trade envoy to Washington says there is still hope for the proposed $7-billion Keystone XL oilsands pipeline.
House Republicans ask White House to kill climate rule
House Republicans who have spent a year pushing bills to thwart or delay Environmental Protection Agency greenhouse gas rules are trying a new tactic: simply asking the White House to scuttle them.
Industry Supporters Discuss Keystone XL Project
HOUSTON - The Keystone XL Pipeline project stays in the news as local and national lawmakers try to fight for its survival.
Poll: Public says Keystone XL a jobs win
Congressional Republicans and proponents of TransCanada's Keystone XL pipeline have successfully put the issue on the map, as 78 percent of Americans believe the pipeline would create a "significant amount of jobs," according to a late December poll by GOP pollster David Winston.

