Posted February 4, 2011
This afternoon the Wall Street Journal's Washington Wire posted about our "i'm one" ads in the Capitol South Metro Station. The post also profiled American Wind Energy Association ads running in Metro. While we appreciate the coverage, we must take issue with the final paragraph: "The two trade groups say their back-to-back appeals were coincidental. But the two industries are in competition for federal dollars. In his most recent State of the Union address, which coincided with the API's campaign, President Barack Obama proposed a $4 billion cut to oil and gas subsidies to help pay for clean energy initiatives that could benefit the wind energy industry, among others."
We wish AWEA the best of luck in building their industry --our economic future will depend on energy from all sources-- but the WSJ is incorrect to say that we are in competition for federal dollars. We are not asking the government for money, but rather that we be allowed to continue creating jobs, to continue supplying America with the energy we need, continue to develop our substantial domestic energy reserves, and continue to be the leading innovator in the development of alternatives. We will use our own money to do it, and we will also continue to provide the U.S. Treasury with nearly $100 million dollars a day in taxes, royalties and bonus payments.
ABOUT THE AUTHOR
Rayola Dougher is senior economist at The American Petroleum Institute (API), where she analyzes information, manages projects and develops briefing materials on energy markets and oil industry policy issues. She is the author or co-author of economic research studies covering a diverse range of topics including crude oil and petroleum product markets, gasoline taxes, energy conservation and competition in retail markets. In addition to testifying before federal and state legislators, she has participated in numerous newspaper, radio and television interviews on a wide range of issues affecting the oil industry, including crude oil and gasoline prices, industry taxes and earnings, exploration and production, and refining and marketing topics.
Prior to joining API, Rayola worked at the Institute for Energy Analysis where her research focused on carbon dioxide related issues and international energy demand and supply forecasts. Rayola holds a Masters degree in Economic Development and East Asian studies from the American University and a degree in History and Political Science from the State University of New York at Brockport.