Tuesday, July 23, 2013 | 2 a.m.
The latest numbers show an upward trend continuing for our state’s major economic engine, the combined hospitality, gaming and tourism industry. But with far too many Nevadans still out of work and recovery well below pre-recession peaks, higher fuel prices could slow the progress our economy has made.
President Barack Obama has long sought to raise taxes on oil and gas companies by ending incentives that favor these businesses. That would mean higher prices for fuel, which could put a dent in our economy. Nevada welcomes thousands of visitors each year to gaming and entertainment venues, and we’re also a major destination for RVers and other tourists. These activities generate millions of dollars and create thousands of jobs, but are reliant on affordable fuel.
Aside from attempts to raise taxes on oil and gas businesses, Obama’s policies are costing billions in stalled energy projects such as the Keystone Pipeline. We can’t afford to lose ground to higher fuel prices and a dangerously flawed energy policy. We can’t afford this administration.
Editor’s note: The writer is a Republican Assemblyman representing District 2.