Karen Matusic | 202.682.8118 | matusick@api.org
WASHINGTON, December 13, 2007 – API issued the following statement:
“We applaud the Senate for recognizing the adverse effect that increased taxes would have had on future energy supplies. “The remaining legislation contains provisions which will enhance our nation’s energy security. However, we have serious concerns about elements of the bill regarding biofuels. We hope that these will be addressed in subsequent actions, including regulatory rule-making.”