Kevin Brady: “This bill is a thinly disguised roadblock, a permanent roadblock to American energy. It will drive American companies…”

“This bill is a thinly disguised roadblock, a permanent roadblock to American energy. It will drive American companies out of the gulf, delay future drilling, increase dependence on foreign oil, kill 300,000 good-paying U.S. energy jobs and levy a new $22 billion tax on American energy, but not on foreign oil. It includes a protectionist measure that the White House itself is troubled about that invites retaliation, will kill U.S. jobs and prevent repairs from occurring in U.S. shipyards. This is a choice between American energy workers and foreign oil. No Texas lawmaker, no gulf State lawmaker can support this bill and say they truly care about energy workers' jobs in America.”