Regulatory
News
May 29, 2023
Republicans scored a win by imposing a one-year limit on environmental assessments and two years on environmental impact statements. However, extensions of those deadlines, “in consultation with the applicant,” are allowed, according to text of the legislation.
News
May 26, 2023
“The Supreme Court continues to hand losses to President Biden’s EPA, first with an unconstitutional emissions rule and now an attempt to illegally control water and property rights," said Texas Commissioner Wayne Christian.
News
May 25, 2023
The IOGCC resolution further endorses action by Congress to ensure states are provided the necessary flexibility and deference to utilize grant funds in accordance with existing state programs for the purpose of plugging and restoring as many orphan wells and well sites as possible.
News
May 19, 2023
Thirty-seven dockets involved $1,204,493 in penalties after operators failed to appear at Commission enforcement proceedings.
News
May 03, 2023
Increased natural gas use is the leading cause of reductions in U.S. power sector emissions, and natural gas plays a critical role in maintaining grid reliability while complementing rising renewable energy generation. Between 2005-2021, about 60% of power-related CO2 emissions reductions came from fuel switching to natural gas.
News
April 20, 2023
The legislation will “end the green giveaways that distort the market and waste taxpayers’ money,” McCarthy said, referring to recent analysis that said the climate law’s tax credits were estimated to end up costing some $1.2 trillion.
Article
April 2023
Analysis of decisions being made by energy firms globally reveals the stranded assets narrative to be little more than ill-supported talking points. Discussions at this year’s major conferences reveal a re-dedication to increased exploration and development of new oil and gas reserves.
News
April 10, 2023
Recent studies have shown that $157 billion in energy investment is waiting in the NEPA pipeline, and a two-year NEPA review time limit could spur $67 billion in energy investment.
News
April 02, 2023
“The Lower Energy Cost Act includes provisions important to Texas, such as repealing President Biden’s harmful tax on natural gas production and stopping bans on internal combustion engines and gasoline-based cars," said Commissioner Christian.
News
March 31, 2023
Operators were ordered to come into compliance with Commission rules and assessed $184,300 for any oil and gas, LP-Gas, critical infrastructure, or pipeline safety rule violations.
News
March 30, 2023
The Independent Petroleum Association of America (IPAA) and the Energy Workforce & Technology Council have issued statements in support of H.R. 1 - the Lower Energy Costs Act, which passed in the U.S. House of Representatives with a bipartisan vote of 225-204. Both organizations are urging the full Senate to support the legislation.
News
March 10, 2023
The industry groups supported the Biden administration’s decision last year to request consultations with Mexico under USMCA, but stressed that further action is needed following the Mexican government’s failure to engage constructively in the process.
News
March 10, 2023
“While the Biden Administration has been begging the oil and gas industry to increase production to help bring down gas prices and other energy costs, the President’s actions are in stark contrast to the steps that need to take place to meet energy demand," said Tim Tarpley.
News
March 09, 2023
The Independent Petroleum Association of America (IPAA) is supportive of multiple House bills that will be marked up in hearings in the Energy and Commerce Committee and the House Natural Resources Committee.
News
March 09, 2023
The White House sent its one-two punch of climate advocates down to Houston on Monday to re-educate those who may still doubt their mission, and the results were predictable.
News
March 09, 2023
Various versions of the bill have been introduced several times over the past two decades, but the legislation, which could have wide-ranging impacts for geopolitics and the defense industry as well as energy markets, has never made it to the finish line.
News
March 03, 2023
Sixteen dockets involved $153,399 in penalties after operators failed to appear at Commission enforcement proceedings.
News
March 02, 2023
The RRC is concerned that the EPA was ready to ignore the state’s expertise on regional factors, and circumvented procedures in the Clean Air Action by proposing a federal plan before its final disapproval of the SIP.
Article
February 2023
Passage of the Inflation Reduction Act restored GOM leasing and hopefully paves the way for further improvements that include permitting reform and common sense CCS regulations.
News
February 13, 2023
In a press conference on Feb. 13, the American Petroleum Institute outlined several concerns with the EPA's proposed rule that, if enacted without modification, could create barriers to the development of oil and gas resources and damage U.S. energy companies.
News
February 07, 2023
Multiple sources have reported calls by opposition politicians and union leaders for another increase in the windfall taxes on energy producers, linked to BP’s latest global profits announcements. OEUK said such a levy risked breaching global tax agreements and could never be implemented.
