Posted April 10, 2013
American Energy has been a positive story these past few years, thanks in large part to big innovations, and big investments made by America's oil and natural gas companies. Thanks to America’s energy revolution, domestic oil production is higher than at any time in the last 20 years, and net imports are at a 20-year low. Meanwhile, natural gas production is at an all-time high, increasing our energy security and lowering emissions. All while the industry is leading the way in job creation during what have been some rough economic times.
The industry is proud to be investing in America’s future, which is why we are puzzled today that the new budget from the White House, again, calls for increased energy taxes that could set back some of the progress we have made.