July 8, 2010

API begins ad campaign against oil, gas tax-hike proposals

The American Petroleum Institute on Tuesday began running ads in opposition of a decision by House Ways and Means Chairman Sandy Levin (D-Mich.) to pay for his green energy tax bill by rescinding several tax breaks benefiting the oil and gas industry. The ads are slated to run in 10 states and depict the tax increases as job killers.

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