Back to the RadioSpace™ home page
NewsDirect story topics:
Consumer, Business & General Interest
Current Events & Public Affairs
Entertainment & Sports
Health & Medicine
Statement from NPRA President Charles Drevna in:
mp3PRO format
QuickTime
(MPEG-4/AAC) format
Windows Media Audio
9.2 format
(59 seconds)
-- How Will You Use This Story? --
Just about everyone in America is unhappy about rising oil prices--and that includes the nation's oil refiners. Refiners have to buy crude oil, in order to manufacture gasoline--and are the first ones who are hit with the price hikes. The National Petrochemical & Refiners Association (NPRA) believes that concern about instability in the Middle East, a weak U.S. dollar, and government restrictions on domestic oil production all have contributed to the rising costs of crude. The organization also believes that the following would help both bring stability to America's oil supply, and give consumers greater protection from high gasoline prices:
-
more drilling for oil and natural gas--both within the U.S. and off its shores--in order to make the nation less dependent on foreign suppliers, create American jobs, increase national security, and reduce the nation's trade deficit
-
defeat of proposals in Congress that would raise taxes on oil companies--which would increase their production costs; NPRA argues that legislation that would make it more costly for companies to both produce oil and manufacture fuels from oil wouldn't drive down gasoline costs for consumers
-
State Department approval of the Keystone XL pipeline--which would bring up to 1.1 million more barrels of Canadian oil to the U.S. every day
-
and a long-term U.S. energy policy that plans for the next generation--instead of the next election.
For more information, visit npra.org.
