DENVER – Western Energy Alliance’s president, Kathleen Sgamma, will testify at a legislative hearing before the House Natural Resources Subcommittee on Energy and Mineral Resources in support of Rep. Harriet Hageman’s bill H.R. 6481 to require the Interior Secretary to reimburse expression of interest (EOI) fees on federal onshore oil and natural gas parcels if they become inactive. The bill addresses confusion on how the Bureau of Land Management (BLM) implements the fee, which was created in the Inflation Reduction Act (IRA). The hearing is scheduled for Tuesday, December 12th, at 10:30 a.m. ET, and will be available on the committee’s website.
“Rep. Hageman’s bill would correct one of the various flaws of the EOI provisions in IRA. First to identify the flaws. The EOI language in IRA, if unchanged, requires companies to pay a $5 per-acre fee for the acreage they nominate, regardless of whether the acreage is ever offered for sale,” said Sgamma. “Based on the large proportion of nominated acreage that BLM historically sits on for years and never brings to sale, the government is in the inappropriate position of charging for nothing. The government takes the money whether or not the service is rendered, something that certainly would not work in the private sector.”
DENVER -- Western Energy Alliance today responded to the Environmental Protection Agency’s (EPA) release of final rules on methane emissions under the Clean Air Act’s New Source Performance Standards (NSPS) Section OOOOb and Emission Guidelines (EG) OOOOc. Administrator Michael Regan announced his agency’s decisions while attending the 28th Conference of Parties (COP28) climate summit in Dubai. The following comments are attributable to Alliance President Kathleen Sgamma. “The Biden Administration wants to show the world at COP28 that it’s doing something on climate change. Instead of touting the fact that the United States leads the world in reducing greenhouse gas emissions, primarily from increased natural gas electricity generation, the administration is choosing to overregulate an industry that has done more to reduce greenhouse gas emissions than wind and solar combined. |
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