IPAA: Interior Federal Leasing Report “Misses the Mark”

IPAA: Interior Federal Leasing Report “Misses the Mark”

WASHINGTON, D.C. – The Independent Petroleum Association of America (IPAA), which represents independent oil and natural gas producers and service companies across the United States, released the following statement in response to the Department of Interior’s report on the federal oil and natural gas program: 

IPAA Executive Vice President Dan Naatz: “At a time when Americans continue to struggle with high prices and inflation for everything from food to fuel, today’s report from the Department of the Interior makes little sense. Instead of looking for ways to responsibly increase the amount of oil and natural gas the United States produces from our nation’s onshore and offshore federal lands, the Biden Administration continues to rely on tired arguments that do not tell the true story of mineral development on America’s federal lands.

“Independent oil and natural gas producers are committed to responsibly producing oil and natural gas from federal lands. We will continue to work with the federal government, state and local officials to allow America’s oil and natural gas explorers and producers to continue to provide the resources Americans need. Today’s report is another example of the Biden Administration missing the mark on addressing the energy needs of our nation.”