The Domestic Energy Producers Alliance is a nationwide collaboration of 25 coalition associations – from California to West Virginia, Texas to Montana – representing about 10,000 individuals and companies engaged in domestic onshore oil and natural gas exploration and production (E&P). We believe in seeking common ground, and in common sense solutions to the challenges that face us in our businesses, including our relationship with the federal legislative and executive branches of government. In only its fifth year, DEPA now represents a majority of the individuals and companies responsible for the current renaissance in American oil and natural gas production.
The President Obama’s Environmental Protection Agency (EPA) said on January 3, in another last minute attack on the nation’s oil and gas industry, that it will consider revising standards for oil and gas waste as a result of another legal settlement with environmental groups.
The agreement, reached just before Christmas and finalized in a consent decree on December 28, requires the agency to review the Resource Conservation and Recovery Act (RCRA) for possible changes that could classify oil field waste as hazardous materials and require more stringent controls.
History has a peculiar way of repeating itself, particularly in politics. It will be interesting to see if the new Trump Administration can avoid making the makes that Presidents Clinton and Obama both made during their first two years in office.
Both Bill Clinton and Barack Obama entered their first two years with majorities for their party in both the House and the Senate, just as Donald Trump enjoys in 2017. In fact, their majorities were even greater than the Republicans currently hold.
Now that the dust has settled from the 2016 elections, it is time to take a serious look at what could happen on the subject of tax reform in the next Congress. The Trump Administration clearly wants Congress to pass significant tax reform and there is a very good chance that something will happen in the next two years.
Astonishing! Incredible! Surprising!
These are just some of the many words used to describe Donald Trump’s defeat of Hillary Clinton on November 8th.
What does it mean?