The Domestic Energy Producers Alliance (DEPA) Commends Senate Majority Leader McConnell in his steady leadership to providing American workers, families, hospitals and employers a “clean” stimulus package free from partisan giveaways. The original bi-partisan Senate proposal included filling up the Strategic Petroleum Reserve (SPR) with domestically purchased crude. While not a solution to the Saudi/Russian attack on US energy independence…
It is time for Secretary Wilbur Ross and the Department of Commerce to step up and launch a Section 232 investigation into Saudi Arabia and Russia dumping crude oil on the world market while also selling their crude below market value. This action was undertaken during the current Coronavirus Pandemic and resulted in a collapse of world crude oil prices.…
TULSA, OK – Today, the Domestic Energy Producers Alliance (“DEPA”) announced the association’s support for an American anti-dumping action petition to be filed with the United States Department of Commerce and the United States International Trade Commission requesting the initiation of an antidumping and/or countervailing duty investigation regarding crude oil price manipulation by Saudi Arabia, Russia, and perhaps others. The…
Shale billionaire Harold Hamm intends to file a complaint with the U.S. Department of Commerce against Saudi Arabia for “illegal” dumping of crude that sent oil prices into a tailspin earlier this week. The Continental Resources Inc. founder will begin an investigation with an industry trade group, the Domestic Energy Producers’ Alliance, he said in an interview with Bloomberg TV. The…