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Myth Archive

Myth: Raising taxes on U.S. oil and natural gas companies will lead to America being less dependent on foreign oil and encourage use of alternative sources of energy.

Myth: Saudi Arabia supplies the U.S. with most of our imported oil

Myth: Taxes need to be raised to help address the growing federal deficit and stimulate job creation.

Myth: The industry sector is largest emitter of energy related greenhouse gases

Myth: Ozone quality is determined solely by human activity.

Myth: Wind generates a significant amount of electricity in the United States

Myth: Renewable Energy will soon Replace Oil as the Primary Source of Energy

Myth: Earth is running out of oil resources.

Myth: Raising taxes on U.S. oil and natural gas companies will lead to America being less dependent on foreign oil and encourage use of alternative sources of energy.

Myth: Energy taxes only hurt oil and natural gas companies