Feb 7, 2023 Jeff Eshelman Submitted Testimony for House Energy and Commerce Joint Energy, Climate, & Grid Security Subcommittee And Environment, Manufacturing, & Critical Materials Subcommittee Legislative Hearing Titled: “Unleashing American Energy, Lowering Energy Costs, And Strengthening Supply Chains”
I am Jeff Eshelman, President and CEO of the Independent Petroleum Association of America (IPAA). I would like to thank Chairman Duncan and Chairman Johnson and all the members of the Energy and Commerce Committee for holding this important hear today…
IPAA supports the committee in its efforts to pass legislation that will increase American energy production, lower energy costs, strengthen domestic supply chains and protect America’s energy grid. The various pieces of legislation being considered today will move the nation forward in our effort to enhance and strengthen American energy security. The Energy and Commerce Committee should be commended for these efforts.
Although IPAA supports all legislative efforts to enhance American energy and security, we would like to especially focus on two pieces of legislation being considered by the Committee today. First, IPAA strongly supports H.R. 150, the “Protecting American Energy Production Act” sponsored by Congressman Duncan. This legislation prohibits the President from declaring a moratorium on the use of hydraulic fracturing unless Congress authorizes such a prohibition. The bill also expresses the sense of Congress that states should maintain primacy for the regulation of hydraulic fracturing for oil and natural gas production on state and private lands. …
IPAA also supports H.R. 484, the “Natural Gas Tax Repeal Act” sponsored by Congressman Pfluger. This legislation would strike language designed to establish a tax on natural gas imposed on America’s independent oil and natural gas producers as part of the “Inflation Reduction Act” passed by Congress last year. …
