The State Chamber’s annual trip to DC kicked off this morning in a Senate office building with presentations from experts on energy, the economy and political races.
Rayola Dougher, with the American Petroleum Institute, gave a primer on oil and gas issues and said the Obama administration’s proposed tax increases on the industry _ and the removal of the cap on liabilities for oil spills _ would kill jobs and increase the nation’s dependence on foreign sources of energy.
Martin Regalia, an economist with the U.S. Chamber, said President Obama’s latest proposals for tax breaks for businesses made no sense if coupled with a plan to tax the energy industry to offset the loss of revenue.
And Bernadette Budde, a political analyst with BIPAC, a business political action committee, admitted to a love of Kevin Durant but didn’t make much in the way of predictions for the upcoming elections.
The chamber is expected to have about 135 participants for its sessions over the next two days. They will hear from members of the state’s congressional delegation tomorrow morning and host a Capitol Hill reception, sponsored by Boeing, tomorrow evening.
Fred Morgan, the former Republican leader in the state House of Representatives, is president and CEO of The State Chamber.
David Rainbolt, CEO of BancFirst Corp., led Monday’s session.