Washington, DC – Today, American Exploration & Production Council CEO Anne Bradbury issued the following statement after the House passed H.R. 1023 to repeal the Natural Gas Tax:
“In an era of global economic and security uncertainty, the punitive natural gas tax is counterproductive because it will lead to at least $6 billion in new taxes and higher energy prices for the American people.
“It’s fitting that the pinnacle of ‘Energy Week’ in the House of Representatives is a vote to eliminate this burdensome tax on American energy, and the House should be commended for their work to provide relief to families and businesses.
“Now is the time for Senators to demand a vote on this important legislation and show their support for lower energy prices.”
About AXPC
The American Exploration & Production Council is the national trade association that represents the leading independent oil and natural gas exploration and production companies in the United States. Our member companies represent 50 percent of the nation’s oil production and more than 50 percent of its natural gas production.