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Energy Myth
Myth: Raising taxes on U.S. oil and natural gas companies will lead to America being less dependent on foreign oil and encourage use of alternative sources of energy.
Fact: Historically, higher taxes have resulted in less domestic energy – and restrained supplies often lead to higher energy costs for consumers. In today’s economy, that could stifle a recovery and make Americans more dependent on foreign oil and natural gas. New taxes will make it more expensive for oil and natural gas companies to initiate traditional and alternative energy exploration and development programs, putting our nation further behind in the race for more energy.
Energy Events
Energy Forum News
Speakers tout safety of fracking practices
Speakers from the American Petroleum Institute, the lobbying arm for the oil and gas industry, said Thursday that the energy industry's self-policing standards should serve as a model for how North Carolina can regulate natural gas exploration and hydraulic fracturing.
3 Industries Thriving From Record-Low Natural Gas Prices
Low natural gas prices aren't bad for everyone. A few other industries are seeing enormous boosts with cheap, readily available natural gas.
Don't Frack Me Up: Correcting Misinformation On Hydraulic Fracturing
Forbes sets the record straight with facts about fracking, not playing on emotion like many of the frac-tivists do.
Energy plays key role in Obama's State of the Union
For the third year in a row energy played a central role in President Obama's State of the Union address, with the president leaning hard this year on the twin themes of increased domestic oil and gas production and the need to invest more in renewable sources.
TransCanada Pipeline Bill Would Force U.S. Permit Within 60 Days
Senate Republicans introduced a bill that would require the Secretary of State to issue a U.S. permit for the Keystone XL pipeline within 60 days. This still "provides adequate time for Nebraska to shift the route of the pipeline" while allowing construction to begin elsewhere.

