Energy is an important issue for American manufacturers—we consume one-third of our nation’s energy, both as fuel and as a feedstock and NAM has been in the forefront of encouraging the development of new and affordable sources of energy. It’s an important issue for American families, too who share our interest in dependable—and affordable—energy sources.
So we’re concerned about proposals to raise taxes on the energy industry that will take us even further from our goal. Quite simply, increased taxes for energy companies will increase the costs of fuel to American energy consumers and manufacturers. The debate over energy policy should not be about imposing new taxes or new costs on the U.S. energy industry.
There are those that seek to distract from our need to create more energy by demonizing the very industry that can provide it. This type of demagoguery isn’t right and it certainly isn’t productive. Rather, the debate should focus on enhancing America’s energy security through increased production of all types of energy, improved conservation and energy efficiency, more research on technology and alternative energy, increased access to domestic sources with continued environmental protections, and improved distribution.