API states crude tax hike can cause harm
Published by Stephanie Roker,
Editor
Hydrocarbon Engineering,
“This unprecedented tax hike – adding, according to public reports, about 30% to the cost of a barrel of oil and potentially about 25 cents to the cost of a gallon of gasoline – is just the latest bad idea from this administration when it comes to US oil and gas resources. API strongly supports Congressman Boustany’s resolution to oppose this harmful measure.”
Edited from source by Stephanie Roker
Read the article online at: https://www.hydrocarbonengineering.com/refining/10022016/api-states-crude-tax-hike-can-cause-harm/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
US EIA reports a slight decrease in oil prices and refinery margins
Oil prices and refinery margins fell slightly in 1Q25 according to a recent report from the US Energy Information Administration.
