Share “Energy trade group launches ad campaign...”

Energy trade group launches ad campaign against higher taxes on oil, gas industry

American Petroleum Institute warns members of congressional super committee against moves that would kill jobs and raise cost of energy
BY CHRIS CASTEEL Published: November 8, 2011

The lobby group for the nation's largest oil and gas companies is launching a television ad campaign against any effort to single out the energy industry for higher taxes.

Ads sponsored by the American Petroleum Institute are scheduled to begin running today in Michigan, Pennsylvania and Ohio warning that higher energy taxes could raise the cost of gasoline and electricity and kill jobs.

The states were targeted because they have Republican members of the congressional super committee that is working on a deficit-reduction plan. The Republican lawmakers have previously opposed higher taxes, and viewers should urge them to fight against “job-destroying energy taxes,'' the ads say.

API President Jack Gerard said Monday that the organization was spending a significant amount on the campaign.

The group also sent a letter to the super committee saying that the oil and gas industry pays “its fair share and more” of federal taxes.

Continue reading this story on the...