Wedoany.com Report-Feb 5, The Independent Petroleum Association of America (IPAA) has issued a statement on bicameral Congressional Review Act legislation introduced by Senator John Hoeven (R-ND) and Congressman August Pfluger (R-TX-11) to block implementation of the Biden Administration’s methane tax.
IPAA President & CEO Jeff Eshelman:
“The Independent Petroleum Association of America (IPAA) appreciates and supports Senator Hoeven’s and Congressman Pfluger’s leadership to overturn the EPA’s Waste Emissions Charge (Methane Tax) regulations. The Congressional Review Act (CRA) resolution introduced today will allow Congress to nullify the regulations the Biden Administration established to implement the misguided methane tax. The Biden Administration and Democrats in Congress passed the methane tax to single out and punish the oil and natural gas industry despite its already burdensome EPA regulatory framework. The tax was passed without appropriate understanding of its impact or industry safeguards. IPAA has always opposed the methane tax and believe it is simply a tax designed to hamper American oil and gas production. We encourage Congress to work with the Trump Administration to eliminate this unnecessary tax on American oil and natural gas producers as soon as possible.”
IPAA also supports legislation led by Senator Ted Cruz (R-TX) and Congressman Pfluger to repeal the Methane Tax.
