Home > newsroom > Page
Democrats’ job-killing National Energy Tax bill could raise gasoline 77 cents—change we can’t afford


WASHINGTON, D.C., October 29, 2009 - Yesterday, Bill Klesse, President & CEO of Valero Energy Corp., testified before the Senate Environment and Public Works Committee on the Democrats’ job-killing National Energy Tax legislation. He stated that the bill could add 77 cents to each gallon of gasoline. That’s about 30% above today’s prices! This increase will affect every American household across the country.

When our nation is in the middle of a serious recession, Americans can’t afford to pay more at the pump. Especially the almost 10% of Americans who don’t have a job.

Instead of providing “energy security,” the Democrats’ National Energy Tax bill would increase energy costs here at home and make us more dependent on foreign sources of energy. This, on top of yesterday’s news of America’s declining support for a National Energy Tax, is just one more example that Democrats are out of touch with the American people.

What America needs is a bill like the Republican American Energy Act that develops all-of-the-above American energy, not one that makes energy more expensive. Our bill will help our economy and our environment.


Contact: Committee Staff

Latest News

Bishop Statement on the Passing of Former Delegate from American Samoa Faleomavaega Eni Hunkin

Chairman Rob Bishop (R-UT) issued the following statement upon news of the passing of Faleomavaega Eni Hunkin, former and longest serving Delegate from American Samoa in the U.S. House of Representati...... Read more

ONRR Suspends Controversial Midnight Royalty Valuation Rule Finalized Under Obama Administration

The Department of the Interior announced they will postpone the implementation of the Office of Natural Resources Revenue’s (ONRR) “Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation R...... Read more

Regulatory Reform Order a Paradigm Shift to Empower People Over Bureaucracy

Today, President Donald J. Trump signed an Executive Order requiring every federal agency to establish a Regulatory Reform Task Force to enforce the administration’s regulatory reform agenda. Chairman...... Read more

View All News

Calendar

Oversight Hearing on Modernizing Western Water and Power Infrastructure in the 21st Century
Subcommittee on Water, Power and Oceans | 1324 Longworth House Office Building Washington D.C. 20515
View All Events