The fuel behind America’s economic engine.
The benefits of domestic oil and natural gas production are everywhere. It fuels our small businesses and families, supports millions of American jobs, and in 2014 supplied our U.S. Treasury with $85 million a day. But when Washington talks about raising energy taxes, it’s the kind of talk that can stall one of the major the economic engines of our economy. We need commonsense tax reform that will help encourage job growth and innovation. Higher energy taxes could significantly harm America’s energy production, cost us jobs, cut government revenue, and make us less energy secure.