IPAA - Independent Petroleum Association of America

22/07/2024 | Press release | Distributed by Public on 22/07/2024 21:53

IPAA: Permitting Bill Will Improve Coordination, Reduce Wait Times, Restore Certainty

Association Applauds Collaborative Effort of Senate Energy and Natural Resources Chairman Manchin and Ranking Member Barrasso

WASHINGTON - Today the Independent Petroleum Association of America (IPAA) - advocating for thousands of oil and natural gas producers that develop 90 percent of wells nationwide - issued the following statement on U.S. Senators Joe Manchin (I-WV) and John Barrasso (R-WY), Chairman and Ranking Member of the Senate Energy and Natural Resources Committee, releasing the Energy Permitting Reform Act of 2024.

Independent Petroleum Association of America (IPAA) COO and EVP Dan Naatz: "IPAA applauds Senate Energy and Natural Resources Chairman Manchin and Ranking Member Barrasso for their collaborative effort in producing the bipartisan Energy Permitting Reform Act of 2024. After listening to the concerns and frustrations of users of multiple-use lands across the industry, Senators Manchin and Barrasso worked together to help reduce much of the unnecessary red tape that hampers independent producers operating on federal onshore and offshore lands. They have put forward a permitting reform package that will improve coordination, reduce permitting wait times, remove the LNG export ban, and restore certainty to the Gulf of Mexico leasing process. This legislation increases American energy security and IPAA appreciates the Senators' thoughtful approach to these important issues."

Read the text of the Energy Permitting Reform Act of 2024 here.
Read the section-by-section summary of the Energy Permitting Reform Act of 2024 here.
Read the one-pager for the Energy Permitting Reform Act of 2024 here.