The Independent Petroleum Association of America (IPAA) recently urged the U.S. Senate to follow the House's lead in approving a measure that includes funding for the 2018 fiscal year for the Department of the Interior and Environmental Protection Agency (EPA).
IPAA CEO Barry Russell thanked House Speaker Paul Ryan (R-Wi) and the rest of the House for advancing the funding measure in a posting on the trade association's website.
“IPAA appreciates the leadership by the House Appropriations Committee and the countless hours spent over the last few months to ensure the Interior-EPA appropriations bill for fiscal year 2018 crosses the finish line," Russell said in the posting. "We applaud Speaker Paul Ryan and House leadership for taking up this package under regular order to ensure an open and transparent process."
The fiscal year funding is included in the consolidated appropriations package that the House approved, known as the "Make America Secure and Prosperous Appropriations Act of 2018." Russell said the package contains plans that will make operation easier for independent producers.
"One such amendment, offered by Congressman Markwayne Mullin of Oklahoma, would prohibit federal agencies from using a flawed Obama-era calculation for the social cost of carbon when formulating new rulemakings," Russell said in the release. "This is just one example of how the appropriations process can be helpful and clarifying for IPAA members making business decisions."
Russell added that he is looking forward to the U.S. Senate approving the package, the IPAA posting said.
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