How Congress Can Strengthen U.S. Energy Security
Publication Date: April 1986
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Milton R. Copulos
Research Area: Banking and finance; Energy
Keywords: Taxes
Type: Report
Abstract:
If Congress recognizes the mistakes of the past; it should take advantage of the tax reform bill to provide the U.S. with a very different energy future. The domestic petroleum industry could retain its flexibility and grow, if the anti-oil bias were eliminated from the tax code and market-hampering regulations repealed. Should this happen, the benefits of inexpensive energy could be maintained for decades.
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