WASHINGTON – AXPC sent a letter to the 118th Congress today outlining the policies that AXPC believes further innovative, free-market solutions to reduce Americans’ energy prices, support our economy, further our energy security, and reduce global emissions.
“The world continues to face a global energy crisis and the need for lower-cost, responsibly sourced, reliable energy has never been more evident. We look forward to working with Members of Congress on the policies that we believe can unleash American energy production and ensure the United States remains the world leader in energy production, energy exports, and climate leadership,” said AXPC CEO Anne Bradbury in the letter, which can be found here.
In addition to highlighting AXPC’s LNG Export Policy Agenda to support and encourage liquified natural gas (US LNG) exports, AXPC outlined specific upstream permitting reform priorities.
Ms. Bradbury’s letter outlines the following priorities that AXPC is committed to working on in collaboration with the 118th Congress:
• Strengthening our nation’s energy infrastructure: To ensure we can meet growing energy demands while continuing to reduce emissions, Congress should promote infrastructure development and reform the permitting process.
• Allowing access to produce on federal lands: Amidst the global backdrop of high energy prices and skyrocketing inflation, Congress should ensure that the Biden Administration is supporting access to produce oil and natural gas on federal lands.
• Protecting and promoting energy exports: Congress should ensure that American energy producers can continue to export crude oil, refined products, and natural gas to the global markets – which helps keep Americans’ energy prices lower and more stable and maintains geopolitical stability.
• Increasing regulatory certainty: We encourage Congress to engage federal agencies, including the US Environmental Protection Agency, the US Department of the Interior, the US Department of Energy, and the Council on Environmental Quality, to ensure federal regulations are technology-neutral, flexible, cost-effective, and not duplicative of other federal and state regulations.
• Encouraging capital investments in American energy production: Congress should urge the Securities and Exchange Commission to reconsider its burdensome climate disclosure proposal, collaborate with our industry, and allow for voluntary efforts already underway to further consistency and comparability of climate-related reporting.
• Relieving inflationary pressure and supply chain bottlenecks: The complex and costly process for drilling and completing a new well in the United States takes time and significant resources, even without the challenges we face currently from supply chain disruptions and labor shortages.
About the American Exploration and Production Council:
AXPC is a national trade association representing the leading independent oil and natural gas exploration and production companies in the United States. We lead the world in the cleanest and safest onshore production of oil and gas, while supporting millions of Americans in high-paying jobs and investing a wealth of resources in our communities. Learn more at https://axpc.org/
###