Speakers at IPAA’s annual meeting laud industry, see tough election ahead

The Independent Petroleum Association of America (IPAA) kicked off the first day of its annual meeting on last Thursday. Interior Secretary Ryan Zinke will depart at the end of the year. Telegram and its parent company, Hearst, continue their tradition of honoring the area’s energy industry. Two Capitol Hill insiders sorting out the issues for attendees, along with predictions of a tough 2020 election. Natural Resources Committee will consider proposing to raise onshore oil and gas revenue rates. Frustrated with the Trump administration’s continuing push to expand carbon-emitting fossil fuels. Long a friend of the energy industry, President Donald Trump issued a set of Executive Orders to streamline Federal permitting processes.

EPA unveiled two parallel proposals for how the agency would stop directly regulating methane emissions. It can’t make a total correlation between energy and the stock market, but it’s up another 200 points today. Zinke was instrumental in carrying out the Trump administration’s “energy dominance” agenda. The 2018 awards were presented Tuesday evening during a dinner at Midland Country Club. Alexandria Ocasio-Cortez and other progressive lawmakers are calling on Congress to declare a climate emergency. Barrosso said that one of the reasons that the U.S. is back in (healthy) business is because of energy. Safety-vest wearing members of the International Union of Operating Engineers.

“When he came to office, President Trump pledged to unleash energy”, Sen. John Barrosso said.

Sanders, I-Vt., a leading contender for the 2020 Democratic presidential nomination. Trump praised the success of the energy industry and promised to help expedite a permitting process. Chastised the Democratic side for complaining about fossil fuels but having no reasonable alternative. Nobody in the world can do what you folks do and in a few moments. The plans include committee hearings and a proposed legislative fix, Adam Sarvana. The first of the Executive Orders expedites the approval process for roads and pipelines near the border. Secretary Zinke lead the charge on the energy dominance agenda. It will take no more than 60 days to approve roads and pipelines.

It would not break the country economically. Zinke is leaving the administration following a slew of ethics controversies. Ervin Well Site Consultants, recipient of the Hearst Energy Award for Company Performance. It seems that the other side’s plan is cold, hungry and dark. The bill would face strong headwinds on the road to becoming law. It will cut through destructive permitting delays and denials. The impact is more related to the premature loss of existing production. EPA would only target volatile organic compounds, or VOCs, from new or modified sources in both plans. The senator told IPAA attendees that while the Trump administration has done much to improve the oil and gas situation.

The idea of raising federal royalty rates isn’t new, but it has surfaced as a priority for Democrats. It’s going to have to take on the greed of the fossil fuel industry. The second Executive Order modernizes regulations for liquefied natural gas export terminals. Marginal wells, also known as stripper wells, are characterized as producing. Most importantly, the order stops state level abuse of water quality standards. The industry is going to have to work harder to win hearts and minds among the general population. It often located outside the nation’s more prolific shale plays and account for roughly 10% of US oil production. A lot of people in this town (Washington) don’t do good math.

ExxonMobil, Shell and BP, had pressed the Trump administration to continue to regulate methane emissions. This order was a jab at New York state, which has been blocking the Constitution pipeline. It focused much of 20 months in the Cabinet on expanding oil and gas drilling. Trump’s speech highlighted the soaring energy costs in New England. The smaller operators saw the regulations as prohibitively expensive. Nevertheless, the industry’s record of achievement is something to celebrate, said the senator. D-N.Y., and Rep. Earl Blumenauer, D-Ore., are introducing a non-binding resolution. Too often badly needed energy infrastructure is being held back by special interest groups.

Lifetime Achievement honoree Dick Saulsbury is founder of what is now Saulsbury Industries. The resolution points out that 20 of the warmest years on record have occurred within the past 22 years. Both the energy industry and organized labor greeted the news with enthusiasm. The small business wells are the most economically sensitive in the United States. The Independent Petroleum Association of America specifically praised the order addressing the EPA’s enforcement. The measure stops short of proposing specific solutions. The folks have done with oil and gas has raised the standard of living for everyone in the country. Zinke regularly touted his actions as implementing the president’s March 2017 executive order.

The biggest missing link in energy has been political leadership. This is a political crisis of inaction and it’s going to take political courage. The executive order announced that it is a win for natural gas. EPA said on last Thursday that its proposed rollback with save the US oil and gas industry. Anne Idsal, acting head of EPA’s Office of Air and Radiation, described the change as “eliminating regulatory duplication”. One side benefit to the industry, when it comes to litigation launched against producers, is Trump’s achievement. The bridge fuel that will get our nation to a renewable energy future. One out of every four federal judges is now a recent appointment by President Trump.

“There’s simply no substitute for getting the right people in office You need people”, Barosso said.

The agency would amend 2016 New Source Performance Standards on new and modified oil. In fact, on the 9th Federal Circuit, there are now a couple of conservative judges on a very liberal panel. The New York Democrat was a lead sponsor of the controversial Green New Deal. Environmental groups are expected to challenge the proposed rollback. Barrosso confessed to being fatigued and frustrated in dealing with the Democrats. The executive orders are not likely to spark the construction of a pipeline. The measure has become a rallying cry from Republicans. The Trump EPA is eager to give the oil and gas industry a free pass to keep leaking enormous amounts.

The U.S. have been dropping. Of course, they’re going up in China and India, and elsewhere. It has grown into a full-service engineering, procurement and construction contractor. As regards fracing, New York and Pennsylvania appear to be polar opposites, observed Barrosso. EPA moves forward with this reckless and sinister proposal. One has banned fracing, and the other (Pennsylvania) has embraced it. In a statement, Mark Watson, a vice president with the Environmental Defense Fund, call the proposal. The difference in the price of natural gas for heating between New York and Pennsylvania is phenomenal. Some of the newfound energy comes from Dan Bucks, the former director of Montana’s Department of Revenue.

Referring to Senate Majority Leader Chuck Schumer’s (D-N.Y.) plan to get all gasoline-powered vehicles off the road by 2040. Coal comeback Trump plan breathes new life into aging power plants. The president’s announcement is a sign that he considers energy development a key priority. Barrosso said it sounds like the old Obama “cash for clunkers plan on steroids. The entire government is moving in one direction under the president who has set the tone. The industry needing to work hard to get more like-minded people elected to federal office. It will further influence how administrative agencies apply federal regulations. Losers don’t legislate, that’s why this election is so important.

Amy Walter, national editor for The Cook Political Report, briefed the IPAA crowd on the political/electoral landscape. It’s as if Texas is selling a three-bedroom house for $400,000. The order is likely to face a challenge in court from state governors opposed to Trump’s energy priorities. Walter called the 2020 contest an “odd election”, because the electorate seems to have a “strong dislike for both candidates. States must have a role in the process for siting energy infrastructure like pipelines. A reference to President Trump and former Vice President Joe Biden who would be the most likely match-up. The Independent Petroleum Association of America received the Industry Advocacy Award.

Biden, she elaborated, can’t win the Democratic nomination despite being able to win the election. The tough work of settling America’s political differences. Elizabeth Warren can win the nomination but can’t win the election. The regulations should not stifle innovation and progress. The scenario appears to give Trump an advantage. The introduction of the resolution comes a day after the president defended his environmental record. Biden is seen as most able to beat Trump, but somehow he can’t raise enough funds. It includes scrutiny of sources like transmission compressor stations. Walter told attendees to expect a record election turn-out in 2020. trump has mocked the science behind climate change. Michigan, Pennsylvania and Wisconsin are going to be key states in the Electoral College.

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