API launches oil tax ad campaign as budget reform discussions grow

The American Petroleum Institute plans to launch a television and online video advertising campaign to remind members of Congress that passing punitive oil and gas taxes to reduce the federal deficit would be short-sighted and counterproductive in the long run.

The ads will be concentrated in the Washington, DC, area where lawmakers and their staffs are at work, but could be expanded to a broader audience if necessary, API Executive Vice-Pres. Marty Durbin told reporters in a Mar. 13 teleconference.

“If increased revenue is truly the objective, then allow the oil and natural gas industry to continue to do what it has always done—invest in America’s economy by providing good-paying jobs here at home that develop the energy America needs,” Durbin said.

“That’s what the American people support, and in the long term the result would be far better for the American economy, for consumers, for our energy security, and for the nation’s long-term economic growth,” Durbin maintained.

Conceding that the only punitive measure introduced so far in 2013 came from US Sen. Robert Menendez (D-NJ) on Feb. 13 with 16 other Democrats as cosponsors, the API official said he was generally encouraged by the direction congressional tax reform discussions are moving under the direction of Senate Finance Committee Chairman Max Baucus (D-Mont.) and House Ways and Means Committee Chairman David L. Camp (R-Mich.).

“It’s easy to go after the oil and gas industry and talk about issues in a polarized way,” Durbin observed. “But our very public campaign of talking directly to voters has helped immensely to educate voters and policymakers that yes, we’re a big industry, and yes, we make big profits, but we also make big US economic contributions. Without making a prediction on how far things will go this year, I think we’re making progress.”

Contact Nick Snow at nicks@pennwell.com.

Related Articles

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring


The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected