Two energy strategies are going head to head in Washington right now.
The administration continues to talk about energy tax hikes that won't help put Americans back to work or expand access to domestic energy resources. Not good. Contrast that with three bills in Congress that would move toward both goals by removing obstacles to new offshore drilling.
There's already been lots of discussion about the administration's proposal to end energy tax treatments that historically have encouraged domestic exploration and production of oil and natural gas. As API President and CEO Jack Gerard told reporters this week, increasing energy taxes will "destroy jobs, diminish energy security and reduce government revenue."