Pfluger’s Bill Blocking President Biden’s Natural Gas Tax Approved by US House

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WASHINGTON, D.C. Congressman August Pfluger successfully led the charge to repeal the Natural Gas Tax, a crucial step in boosting economic growth and energy security for the nation. This significant legislative victory was achieved through the passage of H.R. 1023, known as the Cutting Green Corruption and Taxes Act, in the U.S. House of Representatives.

Support for Repeal

Pfluger passionately advocated for the repeal of the Natural Gas Tax during his compelling speech on the House Floor. He emphasized the importance of H.R. 1023, which includes his own legislation, H.R. 1141, aimed at eliminating the burdensome tax on natural gas.

Flaws in the Tax

Highlighting the flaws in the Natural Gas Tax, Pfluger criticized its arbitrary nature and lack of expert consultation. He argued that the tax unfairly penalized energy producers without considering the broader implications on emissions reduction efforts.

Industry Innovation

Pfluger commended the efforts of independent oil and gas producers in the Permian Basin, showcasing their proactive approach to Reducing Emissions through innovative technologies. He emphasized that these producers have made significant strides in emission reduction without the need for government mandates.

Economic Impact

Pfluger warned of the detrimental effects of the Natural Gas Tax on technological advancement, energy affordability, and overall emissions levels. He underscored that the tax would ultimately burden American households and businesses reliant on natural gas for energy.

Energy Security

Recognizing the critical role of natural resources in national security and economic prosperity, Pfluger stressed the importance of prioritizing energy security by repealing the Natural Gas Tax. He emphasized the need to maintain the country’s energy independence and dominance.

Read More of this Story at – 2024-03-22 20:00:52

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