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Category: Power the Future Power the Future
Published: 31 October 2022 31 October 2022

Washington, D.C. - According to reports, President Biden will announce a plan to raise taxes on oil companies less than two days after taking creditfor the price at the pump. In response, Daniel Turner, Founder and Executive Director for Power The Future issued the following statement:

"Out of time and answers, the Biden Administration is trotting out another policy straight out of the 1970s in a transparent attempt to shift attention from their colossal failures. Only in Joe Biden's mind does it make sense to lower prices by raising taxes. America was energy independent three short years ago, and for all of President Biden's many shortcomings, his policies on energy stand alone. Raising taxes will do nothing to address our current supply imbalance or lower prices for consumers who are already suffering under Biden's inflation tax. If he was truly interested in improving the current situation, President Biden would sit down with America's energy producers instead of his continued vilification and demonization."

Power The Future is a 501c4 non-profit dedicated to fighting for American energy workers.