IPAA Statement on the Bipartisan Debt Limit Agreement

IPAA Statement on the Bipartisan Debt Limit Agreement

WASHINGTON – The Independent Petroleum Association of America (IPAA) issued the following statement today in reference to the Bipartisan Debt Limit Agreement.

IPAA President & CEO Jeff Eshelman: The Independent Petroleum Association of America (IPAA) is pleased Congress and the Biden Administration have developed a bipartisan agreement on the debt ceiling that includes important elements of reforming our nation’s onerous process for permitting energy projects.  Although the agreement does not address many of the key issues surrounding permitting reform for oil, natural gas and other energy projects, it is a good first step in that process.  IPAA supports the bipartisan compromise and urges Congress to pass the measure and to continue to work on the various bills pending in Congress to make even further progress on these important issues.”