America's Oil, Natural Gas Producers Outline Priorities To Trump Transition Team

Wedoany.com Report-Nov 20, Today the Independent Petroleum Association of America (IPAA) presented its issue priorities to the Trump Transition team. IPAA members are the primary producers of the nation’s oil and natural gas, accounting for 83 percent of America’s oil production and 90 percent of its natural gas output.

The IPAA memo details priorities including equitable tax policies for energy businesses, sensible environmental regulations, reform of the National Environmental Policy Act (NEPA)/permitting reform, access to federal lands and waters, reforms to the Endangered Species Act, and lifting the pause on issuing permits for liquefied natural gas (LNG) export facilities.

“The choices our nation makes regarding energy policy will have an enormous impact on America’s economy and our position in the world,” reads the memo. “We urge the administration to take positive actions to support America’s small oil and natural gas producers and develop a robust energy policy that will unleash American entrepreneurs, expand our economy, and make the United States an energy superpower once again. This will not only benefit the United States, but nations around the globe.”