Oil & Gas

API's Dougher says tax break repeal will hurt industry's international competitiveness

As oil and gas companies continue to report record earnings, will Congress' attempts to repeal industry subsidies succeed? During today's OnPoint, Rayola Dougher, senior economist at the American Petroleum Institute, discusses the prospects for a tax break repeal and the impacts of such a move. She also discusses a new study that highlights what she says are the benefits to having subsidies in place.