The State of American Energy Is Strong

WASHINGTON – American Energy Alliance President Thomas J. Pyle has issued the following statement in response to President Trump’s State of the Union Address delivered Tuesday, January 30, 2018:

“Tonight, President Trump declared an end to the war on American energy. As promised, his administration has put American families ahead of the special interests in the “keep it in the ground” movement. This past year, his administration has begun to dismantle the failed energy policies of the previous administration and unleashed America’s natural gas, coal, and oil producers from crippling federal regulations.

“The victories for American energy this past year include the approval of the Keystone and Dakota Access pipelines, the bold decision to withdraw the U.S. from the harmful Paris Climate Agreement, the rescinding of the EPA’s Clean Power Plan, and the Department of the Interior’s plan to provide full access to our taxpayer-owned offshore resources for energy production.

“While much has been accomplished, we still have more to do to free our energy markets and empower consumers and businesses to make their own energy choices. A good place to start is by reviewing and re-writing the IRS guidance for the Production Tax Credit (PTC). Though Congress has slated the credit for phase-out, lenient guidance written by the Obama Administration allows the wind industry to exploit the credit at the expense of the American people for the next decade and a half.

“The PTC is but one way in which the war on American energy is far from vanquished. Year one of the Trump presidency has been a success, but we cannot rest until there is a level the playing field for all energy sources.”