U.S. oil and gas trade groups applaud introduction of Energy Permitting Reform Act of 2024
(WO) – U.S. oil and gas trade groups, including the Independent Petroleum Association of America (IPAA) and the National Ocean Industries Association (NOIA) released statements after Senate Energy & Natural Resources Committee Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY) introduced the permitting reform package, the Energy Permitting Reform Act of 2024.
IPAA COO and EVP, Dan Naatz, said, "IPAA applauds Senate Energy and Natural Resources Chairman Manchin and Ranking Member Barrasso for their collaborative effort in producing the bipartisan Energy Permitting Reform Act of 2024.
“After listening to the concerns and frustrations of users of multiple-use lands across the industry, Senators Manchin and Barrasso worked together to help reduce much of the unnecessary red tape that hampers independent producers operating on federal onshore and offshore lands.
“They have put forward a permitting reform package that will improve coordination, reduce permitting wait times, remove the LNG export ban, and restore certainty to the Gulf of Mexico leasing process. This legislation increases American energy security and IPAA appreciates the Senators' thoughtful approach to these important issues."
NOIA President Erik Milito said, "There is broad and bipartisan consensus on the need to streamline permitting to expedite the development of vital infrastructure and energy projects without unnecessary delays. We welcome the introduction of the Energy Permitting Reform Act of 2024 and commend Senators Manchin and Barrasso for their commonsense approach to energy policy.
"Reforming the nation's permitting process will ensure that America remains a leader in energy production while safeguarding our natural resources. The inclusion of provisions for new offshore oil and gas lease sales underscores the critical role of the Gulf of Mexico and other offshore areas in meeting the nation’s energy needs.
“This move will boost domestic energy production, create jobs, and stimulate economic growth. Additional Gulf of Mexico lease sales will provide much-needed stability and reassurance to an energy region vital to our national interests.
"We are also pleased with the inclusion of litigation reform. These provisions will help prevent the sudden and disruptive halting of projects, ensuring that infrastructure and energy initiatives can proceed without meritless legal delays. This promotes a stable regulatory environment essential for long-term planning and investment.
"In addition, lifting the pause on LNG permits is crucial for enhancing our energy security and expanding export capacity. This step will strengthen our position in the global energy market and better support our allies. Additionally, it will help the U.S. reclaim a strategic advantage while promoting progress in emission reduction efforts.
"We also commend the bill's support for offshore wind lease sales. While the power generated from offshore wind projects may be local, the economic significance, including the supply chain, has a national footprint. States like Louisiana, Texas, North Carolina, and Florida have already realized jobs and investments from supporting offshore wind projects.
"Successful permitting reform, as included in this bill, will establish a regulatory framework that balances and enables solutions for navigating climate challenges while promoting long-term affordable energy and providing energy security for Americans and our allies."
