In the midst of a nationwide debate about the need for jobs, economic and government revenues, and increased energy security, we must look to our nation’s energy potential for answers. The outlook for natural gas should not be underestimated. In 2011, the U.S. may post......
WASHINGTON – During its 121st meeting today, the National Petroleum Council (NPC) – a diverse group made up of oil and natural gas industry experts, as well representatives from academia, the manufacturing, regulatory, environmental and regulatory communities – released a final...
WASHINGTON, DC – In remarks this evening before a Joint Session of Congress, President Obama repeated his interest in raising taxes on oil and natural gas companies as a means of addressing the federal deficit. In response, Independent Petroleum Association of America (IPAA) President and CEO...
Responding to the release of the report is IPAA President and CEO Barry Russell: “The release of the SEAB Shale Gas Production Subcommittee Ninety-Day Report marks another instance where evaluation of shale gas development using hydraulic fracturing concludes – on balance – that the current......
IPAA: Interior Dept. funding bill “helps the nation move forward with developing more American oil, natural gas” WASHINGTON, DC – Barry Russell — president and CEO of the Independent Petroleum Association of America (IPAA) — sent the following letter to House Speaker John Boehner (R-Ohio)....
WASHINGTON, DC – The U.S. Department of Energy (DOE) announced today that it will be releasing 30 million barrels of oil from the Strategic Petroleum Reserve (SPR) in response to growing unrest in the Middle East. This decision would provide the United States with less......
WASHINGTON, DC – Today, Department of Interior (DOI) Secretary Ken Salazar announced the decision to move forward with the Greater Natural Buttes Area Gas Development Project in Utah. This project would include 3,675 wells and has the potential to produce more than 6 trillion cubic......
Russell: House action is a “litmus test” for energy initiatives to come WASHINGTON, DC – Today, the U.S. House passed the third of three bills aimed at expediting the offshore leasing and permitting process. The bills would also open previously unavailable offshore regions for American......
Independent Producers – Not ‘Big Oil’ – lead America’s oil and natural gas development – Drill 95% of Wells in the United States WASHINGTON – Policymakers in Washington are, once again, talking about raising taxes on U.S. producers of oil and natural gas – tax......
CNN/Opinion Research Corporation: “69 percent of Americans favor increased offshore drilling” WASHINGTON – Earlier today, a new CNN/Opinion Research Corporation poll was released, further underscoring the fact that an overwhelmingly clear majority of Americans support the responsible developm...