IPAA Issues & Insight
A weekly update from the Independent Petroleum Association of America.
January 15, 2015
Dear IPAA Member,
The following is a brief round-up of what IPAA is focused on this week:
METHANE: IPAA responds to White House regulations to curb methane
VIDEO: Understanding what goes into your natural gas bill
WILDCATTERS' BALL: 2015 honoree announced; purchase your tickets today
U.S. Oil, Gas Producers: Additional methane regulations not needed. On Wednesday, the Obama
Administration announced new costly and burdensome regulations to curb methane emissions. IPAA Executive
Vice President Lee Fuller responded to the White House proposal to further regulate the oil and gas industry:
“America’s energy producers have demonstrated a commitment to reducing methane emissions and are already
incentivized by further capturing emissions with the help of new and innovative technologies. The
administration’s own research shows that while United States oil and natural gas production has grown 400
percent, methane emissions have declined to about 1.3 percent of total Greenhouse Gas (GHG) emissions.
Existing regulations on new natural gas wells will further reduce these emissions. The Obama Administration
needs to recognize that broad new regulatory actions are unnecessary and focus its attention on cooperative
measures to cost effectively develop further reductions in this small component of the total GHG emissions
inventory. Consequently, the fact that there is no price tag associated with the Administration’s proposal is
cause for serious concerns, at a time where America’s oil and natural gas production industry is experiencing
significant uncertainty.” Lee's comments follow my December Op-Ed in The Hill, “Methane emission
reductions: An industry priority goes unrecognized.” Get the Top Five Facts on Methane Emissions and
Hydraulic Fracturing:
Understanding your natural gas bill. More than 177 million Americans use natural gas to cook a hot
meal, heat their water or warm their houses. Many parts of the country have felt the chill of winter and that
means folks are using more natural gas. The American Gas Association has developed a video to explain what
goes into your natural gas bill.
Wildcatters' Ball. U.S. Senator John Barrasso, Republican from Wyoming, will be the Honoree at the 2015
Wildcatters’ Ball. He is the fourth-ranking member in the Senate Republican leadership as Chairman of the
Senate Republican Policy Committee. Through his leadership on the Senate Energy and Natural Resources and
Environment and Public Works Committees, he has conducted strong oversight on overreaching federal
regulations and has supported legislation to promote the safe development of American oil and natural gas. The
Wildcatters’ Ball is the primary fundraising event for the IPAA Educational Foundation, a 501(c)(3) nonprofit
organization, and the proceeds go toward funding the Foundation’s energy education programs. Please plan
to join us on February 13 at the Hilton Americas – Houston for this very special black-tie gala. For seat/table
reservations and sponsorships, click here.
Media Roundup:
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IPAA President and CEO Barry Russell quoted in the Houston Chronicle regarding high school
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education programs opening doors to careers in science and the energy industry.
Matt Kellogg, IPAA's tax and environmental counsel, mentioned in a Washington Examiner story on
White House plans to regulate the oil and gas industry on methane.
IPAA mentioned in this SNL Energy story on battle lines being drawn over methane plan.
IPAA Executive Vice President Lee Fuller quoted in this Oil & Gas Journal report on the White House
further regulating the oil and gas industry on methane.
World Oil covers Bruce Vincent, President of Swift Energy and former Chairman of IPAA, announcing
his retirement.
Upcoming Events:
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Secure your 2015 Sponsorships Today | First-Come, First-Served | Contact Tina Hamlin
Register Today for IPAA’s Private Capital Conference | January 29 | Houston, TX
Register Today for the Land Access and Environmental Issues Conference | Feb 1-2 | Ft. Lauderdale, FL
OGIS Florida | February 3 | Ft. Lauderdale, FL | Register Today
Visit IPAA at NAPE Summit | Booth #1566 | February 10-13 | Houston, TX
Join Us for the 19th Annual Wildcatters’ Ball | February 19 | Houston, TX
Secure Your Sponsorship for IPAA's 21st Annual Texas Wildcatters' Open | March 26 | Blackhorse Golf
Club
Presenter Registration is Open for the 2015 OGIS Series | Secure your Participation Today
IPAA has secured a discounted room rate at the Loews Madison Hotel and The Hay Adams for
members traveling to and from Washington, D.C. throughout 2015.
For a complete list of meetings, visit IPAA's online calendar.
For more up to date industry information, please visit IPAA's other resources:
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Energy in Depth
Energy Tax Facts
Declaration of Independents
Follow IPAA on Twitter
Join IPAA on LinkedIn
IPAA Access TV
Thank you for your continued support of IPAA. If you have any questions or concerns, as always, please don't
hesitate to contact me.
Sincerely,
Barry Russell
President and CEO