Submitted testimony of Daniel T. Naatz, Chief Operating Officer and Executive Vice President of the Independent Petroleum Association of America (IPAA) regarding the House of Committee on Natural Resources Subcommittee on Energy and Mineral Resources Legislative Hearing on H.R. 7375 and H.R. 7377 on...
IPAA submitted comments to the record for the Office of Natural Resources Revenue (ONRR) proposed rules on royalty valuation and civil penalties. The Obama Administration arbitrarily changed the rules during its tenure to impose unreasonable civil penalties and even went so far as to penalize......
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......
