The “Inflation Reduction Act” Book Minimum Tax Harms Domestic Energy Production

WASHINGTON – As the $313 billion Book Minimum Tax in the Schumer-Manchin Inflation Reduction Act will fall heavily on American industries and further harm the economy, AXPC CEO Anne Bradbury released the following statement in opposition to the new tax: While the Inflation Reduction Act makes complicated changes to tax code, the outcome for the […]

New Analysis: US Crude Oil Exports Are Reducing Costs for Americans

WASHINGTON – The American Exploration and Production Council (AXPC) and the American Petroleum Institute (API) today released  new analysis demonstrating the significant and growing economic benefits of America’s abundant crude oil resources for both domestic use and global export. The study, conducted by ICF International, analyzed the six-year period since a bipartisan Congressional majority lifted […]

American Oil and Gas Industry Letter to President Biden: Don’t Declare a Climate Emergency that Advances False Climate Solutions

WASHINGTON –  Troubled by reports that certain groups have urged the Biden administration to declare a climate emergency, state and federal organizations sent a letter to President Biden today urging him to reject ill-conceived policies that would drive up energy costs and global emissions. Rather than declare a climate emergency with policies that reduce domestic […]

AXPC Calls on SEC to Reconsider Climate Proposal that Discourages Investment in American Energy

WASHINGTON –  In comments to the Securities and Exchange Commission (SEC) filed today, the American Exploration and Production Council (AXPC) explained ways the SEC should reconsider its burdensome climate disclosure proposal that, if implemented without needed reforms, would risk unintended consequences, increased confusion for investors, and discourage financial institutions and investors from investing in American […]

AXPC Statement on Prime Minister Kyriakos Mitsotakis Address to Congress

WASHINGTON – May 17, 2022 – Today, American Exploration and Production Council CEO Anne Bradbury released the following statement in regard to the Prime Minister of Greece, Kyriakos Mitsotakis, address to the United States Congress: Today, Congress and the Administration heard firsthand from Prime Minister Mitsotakis about the important role that US natural gas plays […]

Administration’s Rewrite of NEPA Regulations Hurts America’s Climate Leadership

WASHINGTON –  Following the Council on Environmental Quality’s (CEQ’s) revised National Environmental Policy Act (NEPA) Phase 1 Regulations, AXPC CEO Anne Bradbury explained that additional infrastructure is necessary to America’s continued climate leadership and AXPC companies’ ability to deliver affordable and reliable oil and natural gas to the world: “To meet growing demand for energy, […]

AXPC Letter to House Energy and Commerce Outlines Policies That Can Help Stabilize the Market, Support Lower Energy Prices for Americans

The American Exploration and Production Council (AXPC) sent a letter to the US House Committee on Energy and Commerce’s today in regard to the subcommittee hearing examining energy pricing in the oil market. In the letter, AXPC explained the causes of price increases and outlined policy recommendations for Congress and the administration to help put […]

AXPC Statement on Biden Administration’s Agreement with EU to Expand US LNG Exports

WASHINGTON – AXPC CEO Anne Bradbury released the following statement about the announcement by President Biden and European Commission President von der Leyen establishing a joint task force to ensure stable demand for additional US LNG in Europe and to help reduce Europe’s dependency on Russian natural gas: “Expanding US LNG exports to our allies […]

AXPC Statement on SEC Climate-Related Disclosures

WASHINGTON – March 23, 2022 – Today, American Exploration and Production Council CEO Anne Bradbury released the following statement about the Securities and Exchange Commission’s (SEC) vote to propose new climate disclosure rules that, if finalized, would overhaul how public companies disclose climate-related risks: AXPC appreciates the importance of the SEC’s mission to protect investors, […]

AXPC: FERC Policy Update will Make Energy More Expensive

WASHINGTON – Today, the American Exploration and Production Council released the following statement about FERC’s decision to overhaul the certification process for new natural gas pipelines requiring a climate evaluation that calculates emissions from the production of natural gas, through the pipelines, and to the downstream use of the fuel. “The partisan decision by FERC […]