Wyden Secures Bipartisan Senate Majority for Closing Tar Sands Tax Loophole

Statement

Date: Jan. 22, 2015
Location: Washington, DC

Led by U.S. Senator Ron Wyden, D-Ore., an overwhelming bipartisan majority of U.S. Senate, including dozens of Republicans, today voted to close a tax loophole that gives millions of dollars to tar sands oil producers and leaves American taxpayers on the hook if that oil spills.

"It is very significant that more than 70 senators voted for a nonbinding resolution to close an outlandish tax loophole that favors Canadian tar sands producers over American oil and American taxpayers," Wyden said. "I'm disappointed Republicans did not vote to end this loophole today, but for colleagues seeking areas of common ground, today's overwhelming vote means closing the tar sands loophole should be the first order of business. I won't let this issue go until the loophole is closed for good and tar sands producers are paying their fair share."


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