Congressional Democrats Send Letter to Pelosi and Schumer Opposing Tax on Natural Gas in Reconciliation Bill
Fri, October 01, 2021
Texas Congressional Democrats have sounded the alarm on several pieces of legislation which, if passed, would harm U.S. workers, raise energy costs, increase global emissions, and threaten U.S. energy independence.
On September 24, House Democrats Henry Cuellar (TX-28), Filemon Vela (TX-34), and Vicente Gonzalez (TX-15) sent a letter to Speaker Nancy Pelosi and Majority Leader Chuck Schumer voicing concerns regarding an exorbitant natural gas tax that overlooks the fuel’s role in lowering U.S. emissions, and oil and natural gas provisions that disincentivize federal lease bidding, raise production costs, and significantly increase the cost of pipeline transportation.
These measures would have a major impact on consumers by causing an increase in energy costs, disproportionately affecting middle-class families, and would divert resources from investments in new technology to lower emissions. Moreover, these measures would deeply affect Texas oil and natural gas producers, who account for 43% of the nation’s crude oil and 26% of its marketed natural gas production.
The letter comes on top of a letter from Texas House Democrats on September 13 raising concerns related to the House budget reconciliation package and provisions specifically targeting U.S. oil and natural gas companies. Texans for Natural Gas delved into the bill in this blog post.
Read the full letter below: