CARTER: "INCREASING THE COST OF DOMESTIC ENERGY ONLY INCREASES THE COST AT THE PUMP AND IN OUR HOMES."
U.S. Congressman John Carter (TX-31) today joined the National Association of Manufacturers (NAM), the nation's largest industrial trade association representing small and large manufacturers and employer to some 900,000 Texans, in strongly supporting America's energy dependence and security. Carter made the following statement:
"I whole-heartedly agree that we should continue to promote and develop renewable and alternative energy sources, ideas which are included in the Renewable Energy and Energy Conservation Tax Act. However, I strongly disagree with the provisions that impose billions in taxes solely on our domestic oil and gas companies, a cost that will surely be felt by consumers. Any time we increase the cost of producing domestic emergy, we increase the price of gas at the pumps and in our homes.
"The solution to deliver the most affordable energy we can to those who need it most lies in our ability to unlock new energy supplies, encourage conservation, and promote the research and innovations necessary to develop new technology. Taxing one segment of domestic energy production won't solve the problem. In fact, it will only cause Americans to dig deeper into their pockets when paying for gas and heating oil.
"Because the provisions included in the bill are so costly for the American people, I was left with no choice but to oppose it. Once this bill is vetoed, I sincerely hope the Democrats will join Republicans to produce true energy reform that will alleviate the heavy burden of high gas and oil prices for American consumers and end our dependence on foreign sources of oil."