The Domestic Energy Producers Alliance is a nationwide collaboration of 15 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.
Washington, DC-based Brookings Institute published a new report September 9 in favor of lifting current US restrictions on the export of crude oil. The report [view] comes to the conclusion that discontinuing the export ban would help lower US gasoline prices for consumers, increase profits for producers and encourage more production on US soil - all of which are good for continued economic growth and productivity and American energy security.
Contact: Sarah Catalano, DEPA Communications Officer
Just as in virtually every team sport, sometimes you play offense and sometimes you play defense. That’s been story of DEPA’s efforts in Washington, DC, so far this year.
In DC, playing offense actually is much harder than playing defense. Our system of government was set up to make it hard to pass new laws, thus providing a degree of stability that many other countries don’t enjoy. A new law must pass both the House and Senate, go to a conference committee, come back to each house for another vote and then is sent to the President who can either sign or veto it. If he vetoes the new law, then his veto can only be over-ridden by a two-vote of each chamber.
Just before Congress slipped out of town for its two week Spring Recess—you may have seen pictures of Senate Majority Leader Mitch McConnell (R-KY), House Speaker John Boehner (R-Ohio) and House Democratic Leader Nancy Pelosi (D-CA)—traveling the world during the first two weeks in April, both the House and Senate passed their respective versions of the FY2016 budget.
Those two budgets now have to go to a conference committee where the two chambers will resolve their differences and then be voted upon by both chambers again; however, it is not expected that there will be many major changes during conference.
Thus it is important to take a look at what the House and Senate were up to regarding the very important issue of tax reform.
In politics, as in life, it is important to be able to walk and chew gum at the same time.
DEPA's agenda right now is a classic example of this.