Even as Democrats have vowed not to renew President Bush’s tax cuts on the wealthy and have pushed for the development of alternative energy sources, a survey has found that Americans oppose higher taxes and support domestic oil exploration.
The poll, released by the American Energy Alliance (AEA) and conducted by Jan R van Lohuizen from Voter/Consumer Outreach, discovered that 77 percent of respondents oppose the efforts to tax American companies twice on foreign-earned income. Moreover, it found that some 75 percent of Americans believe companies should be allowed to continue offshore oil exploration, and that domestic production should be enhanced.
“These results may not be what the leaders on Capitol Hill want to hear, but it is no surprise that even with the tragic events unfolding in the Gulf [of Mexico], Americans recognize the realities of our nation’s economy, the abundance of energy still available here in the United States, and the overall exemplary safety record of our nation’s drillers,” said AEA president Thomas Pyle.
Meanwhile, another survey commissioned by AEA found that the government’s six-month ban on drilling in the Gulf may cost as many as 12,000 jobs and $2.8 billion in lost economic activity. The organization also believes that it will lead to higher energy prices and endanger national security by making the U.S. reliant on oil from unstable parts of the world.