Jack Gerard
Jane Van Ryan
The Boxer-Kerry Kerry-Boxer climate change bill leaves unaddressed key elements of how it intends to constrain carbon emissions. Unfortunately, it appears to be following the pattern the House followed, which resulted in a political bidding process that picked winners and losers.
The losers would be millions of Americans and American companies who rely on gasoline, diesel fuel and other petroleum products to get to work and to school and to run their businesses. As we've talked about on this blog, analysis shows that Waxman-Markey would kill more than two million American jobs, drive fuel prices up to between $4 and $5 a gallon and make our nation more dependent on imports of gasoline and other fuels.
We strongly urge the Senate not to follow the same pattern. It should craft a bill that provides equal treatment across the U.S. economy, recognizes and encourages more use of clean-burning natural gas, preempts EPA climate regulation under the Clean Air Act, and avoids the severest consequences of Waxman-Markey.
That means not just higher energy prices and lost jobs but also jobs and emissions sent abroad. A study of the U.S. refining industry by EnSys Energy projected Waxman-Markey could sharply increase our refined product imports and reduce investment in U.S. refining by as much as 88 percent or $90 billion.
----------------------------------------------------------------Update on September 30, 2009: With America depending on fossil fuels for a substantial portion of its energy, consumers will wonder why their elected leaders in Washington are supporting policies that will likely raise energy costs and constrict supplies without delivering a realistic and measurable benefit to the environment. Read API's updated statement on the bill.
Thanks for this information! And along these lines, I want to wish you and your readers a happy [belated] "Energy Independence Day"!
http://ow.ly/saQh
hello! just figured it out carefully..in oder to fix fox news, health care,unemployment,oil and environment,and put everyone back to work...get rid of this president and his administration!!! this is a clear way to geter done...thanks just my opinion...
you know, spread out among millions of us, any new taxes are pretty insignificant in comparison to the gouging that the petroleum industry has foisted upon us in the last two years. Ya'll at the API sound like a bunch of whiners, the resources of the land here belong to us, you've been stealing it from us for about ten decades. The recent scare tactics about reduced drilling in Colorado due to increased severance tax proposals just serve to remind us how you can manipulate the facts in the publics' eye, and then make a self fulfilling prophecy come true just to throw a good pout fit.
(If you don't stop what you're doing to me, I'm gonna beat my head on that wall until I feel better.) Truth is, the oil and gas here is ours, not yours. We don't care whether you drill it now, or a hundred years from now, but you oughta realize, we want our share, because it's our land you're raping, and our birds that are dying, as you drill to get it.
Lotsa powerful thought in here, maybe you could get Sarah Palin as an occasional guest contributor.
Hipster, thanks for your comment.
There’s no doubt that America’s natural resources belong to the American people. Oil and natural gas companies pay billions of dollars for the right to develop U.S. energy reserves in lease payments, royalties and taxes to the federal, state and local governments. In 2008, the industry paid $23.4 billion in royalties alone.
Read more about the cost of developing U.S. energy resources.
hello!may i just make one thing clear..iff you are against oil and gas turn off all youer utilitys...go back to the good old days like in the 17 hundreds,,but remmber this, even iff you turn every thing off in youer house it wont save a dame thing,you have to shut down the plant that supplys the power changing light bulbs .will not save bird .oh and by the way according to the discovery channel two thousand and seven was the coldest year in recent history in the state of alaska, just food for thought amonsk all the b,s.we need to quit listening. and start thinking ! read genesis 8:22 and see who you will beleve al gore ............ or god