Austin, Texas – On Wednesday, March 31, U.S. President Joe Biden unveiled new plans aiming to modernize and expand the country’s infrastructure. The following statement about the president’s infrastructure initiative can be attributed to Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO):
“While ambitious and aimed in the right direction — bolstering America’s infrastructure — President Biden’s American Jobs Plan overlooks the backbone of America’s energy system: pipelines. Pipelines are the most reliable and efficient means to transport the oil and natural gas that powers families across America. Placing a high tax burden on the oil and gas industry, including pipelines, hinders Texas producers’ ability to deliver the energy the country needs.”
