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.
Early but critical victory for DEPA in its landmark lawsuit against US Fish and Wildlife Service
Hours ago, DEPA received word it has achieved an early but critical victory in its landmark lawsuit against the US Fish and Wildlife Service (FWS). The federal district court judge who has been assigned our case in the Northern District of Oklahoma, denied the Government’s motion to transfer our case from Tulsa to Washington, DC. As mentioned previously, we have been engaged in a heated venue battle with the government since shortly after filing our complaint more than six months ago, and it is a battle which will largely determine the outcome of the Endangered Species Act (ESA)-related Sue and Settle war we are waging.
The federal tax code is voluminous and complicated. Just about everyone who has filed a federal income tax return knows how complicated it can be.
However, attempts to simplify and shorten the tax code have failed time and time again, because the tax laws and regulations have been used over and over again to encourage or discourage economic activity.
For example, the tax laws allow for the deduction of interest payments after purchasing a home. This deduction is designed to create economic activity in the housing markets. It has worked.
At the outset of the crisis in the Ukraine, the simmering debate on energy exports moved to the front burner. Initially the discussion on domestic energy exports was focused primarily on natural gas because of the dependency of the Ukraine, as well as other Western European countries, on natural gas imported from Russia. Beyond the crisis in the Ukraine, Islamist insurgents in Syria and Iraq, along with continued instability in oil producing regions like Libya and Nigeria have led to increasing calls from US allies around the world for the loosening of the oil export ban in order to provide a reliable alternative to oil from conflict regions.
Momentum behind DEPA’s landmark lawsuit continues to swell. Earlier this summer, DEPA learned the New Mexico Cattle Growers Association (NMCGA) intended to file its own lesser prairie chicken-related lawsuit. DEPA began working with NMCGA to discuss strategy and, most urgently, the importance of defending against the Government’s relentless attempts to move all Endangered Species Act (ESA) lawsuits to the federal district court in Washington, DC (i.e., the same court which approved the mega-settlements between the US Fish and Wildlife Service and environmental activist groups in 2011). DEPA’s coordination with NMCGA has paid off.