API Director of Tax and Accounting Policy Stephen Comstock said lawmakers and the American people are sending a clear message to the White House – we don’t want to pay more at the pump.
“The administration’s proposed per barrel fee of $10.25 amounts to a gasoline tax that is anti-U.S. consumer and could hit everyone in the wallet,” said Comstock. “They think Americans are not paying enough for gasoline, so they have proposed this new tax that could raise the cost of gasoline by as much as 25 cents a gallon according Congressional Research Service. This could harm consumers that are enjoying low energy prices, destroy American jobs and reverse America’s emergence as a global energy leader.”
API thanked Rep. Boustany (R-La.) for introducing the resolution and the bi-partisan work of the House for putting consumers first in getting this resolution passed.
API is a national trade association representing the oil and natural gas industry.
