Letter to Congressional Leadership on Federal Tax Policy Related to American Energy Development

Letter to Congressional Leadership on Federal Tax Policy Related to American Energy Development

The development of America’s abundant oil and natural gas reserves has generated millions of dollars in state, local and federal revenues while creating tens of thousands of good jobs and bolstering America’s national and economic security. Federal tax policy can enhance or impede – or devastate – the success of this development. Changing tax policy in the chaos of negotiations during a lame duck session of Congress presents a risk to American energy development that must not occur.