IPAA independent petroleum association of america, america's oil and gas producers

News & Information ยป Press Releases

Choose a year to view:

News Media Contact:
Nicole Daigle / Jeff Eshelman
202.857.4722 / 800.433.2851

For Immediate Release
May 13, 2010


IPAA Statement on Senate Climate Change Legislation

WASHINGTON - Following the unveiling of Senate climate change legislation authored by Sens. John Kerry (Mass.) and Joe Lieberman (Conn.) yesterday, Barry Russell, president and CEO of the Independent Petroleum Association of America (IPAA), issued the following statement:

"Developing commonsense, long-term policies aimed to promoting a cleaner environment and stabilizing energy prices for American families, seniors and businesses is a goal that we share with Senators Kerry and Lieberman. While the formal introduction of this energy-climate legislation has been long-awaited, it is still very early in the overall legislative process. We are hopeful and committed to working with leaders in Congress to ensure that policies moving forward leverage our homegrown resources into jobs, revenue and energy security for America.

"At this time, IPAA continues to comb through the details of the 1,000 page bill. As this process moves forward, we are eager to work with Congress to craft balanced, forward-looking energy policies that recognize and understand the critical importance that America's oil and natural gas will continue to play in securing our nation's future."

###

IPAA is the national trade association representing oil and natural gas producers that drill 90 percent of the nation's oil and natural gas wells. These companies account for 68 percent of America's oil production and 82 percent of its natural gas production.