Nov 8, 2017 IPAA Welcomes House Bipartisan SECURE American Energy Act
WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) Senior Vice President of Government Relations and Political Affairs Dan Naatz issued the following statement in support of a bipartisan energy legislation, the SECURE American Energy Act (H.R. 4239):
“IPAA strongly supports H.R. 4239, the SECURE American Energy Act. This bipartisan legislation expands access to natural resources on federal lands and provides commonsense reforms to create certainty for producers and a fair return to American taxpayers. IPAA has long-advocated for many of the reforms in this bill, which will drive U.S. economic growth and create new jobs. Specifically, IPAA is pleased to see the elimination of the one-size-fits-all federal regulatory structure by delegating regulatory responsibility to states who are willing to opt-in. Furthermore, the SECURE American Energy Act reins in bureaucratic overreach and expands offshore energy development opportunities. While supporting the SECURE Act, IPAA looks forward to working with the Committee to address a number of issues in the legislation of importance to our members and independent oil and gas producers across the nation.”
IPAA recently signed a letter along with seven other industry trade associations in support of the SECURE American Energy Act. IPAA’s Naatz also testified last month before a U.S. House Natural Resources Subcommittee hearing on a discussion draft specific to the onshore provisions of this legislation.
About the Independent Petroleum Association of America
The Independent Petroleum Association of America (IPAA) is a national upstream trade association representing thousands of independent oil and natural gas producers and service companies across the United States. Independent producers develop 90 percent of the nation’s oil and natural gas wells. These companies account for 54 percent of America’s oil production, 85 percent of its natural gas production, and support over 2.1 million American jobs. Learn more about IPAA by visiting www.ipaa.org and following @IPAAaccess on Twitter.