WASHINGTON – The Independent Petroleum Association which represents thousands of independent oil and natural gas producers and service companies issued the following statement on the Clean Energy for America Act, Senate Democrats’ legislation that contains the repeal of multiple oil and n...
IPAA submitted testimony for the Senate Committee on Finance April 27, 2021 hearing titled “Climate Challenges: The Tax Code’s Role in Creating American Jobs, Achieving Energy Independence, and Providing Consumers with Affordable, Clean Energy.” “…Oil and natural gas tax po...
For an April 22nd Oversight and Government Reform Committee Subcommittee on the Environment hearing, IPAA submitted testimony on the tax treatment of the natural gas and oil production industry. “… a troubling undercurrent of effort to suppress American oil and natural gas production app...
One of IPAA’s primary purposes is to advocate for its members’ interests in continued and responsible oil and gas development before Congress and federal agencies and in the judicial system. (Id.) This purpose includes advocating for rational and fair policies on the valuation of royalties......
WASHINGTON, D.C. – Representing the nation’s independent producers that develop 90 percent of America’s oil and natural gas wells, IPAA President and CEO Barry Russell issued the following statement praising the final passage of the Tax Cuts and Jobs Act conference report, which will now......
WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued the following statement welcoming the U.S. Senate passage of pro-growth, pro-jobs tax reform legislation: “This morning’s Senate vote is another major step forward in reforming the out...
WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued the following statement after the U.S. House of Representatives today passed pro-growth, pro-jobs tax reform legislation: “Today’s action by the House is a significant step towards mod...
WASHINGTON, D.C. – Representing the nation’s independent producers that develop 90 percent of America’s oil and natural gas and generate 4 percent of the U.S. Gross Domestic Product, IPAA President and CEO Barry Russell issued the following statement on the Republican tax reform plan announced...
“As Washington, D.C., looks to tackle reforming the tax code, the critical role of American energy production cannot be overlooked. Tax reform…needs to move in the direction of strengthening businesses of many shapes and sizes, putting our economy on a track for success, and creating......
“As this industry faces new uncertainties, it is critical that our leaders in Washington, both on Capitol Hill and in the White House, continue to advocate for a sound, secure energy policy that supports the continued operation of these businesses that are the backbone of......
