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Midyear Meeting 2007. Mike Linn, Chairman Barry Russell, President. Sbcmte on Env and Hazardous Materials: Gillmor – 83% vs. Solis – 28%. Speaker: Hastert – 100% vs. Pelosi – 28%. Resources: Pombo – 100% vs. Rahall – 42%. Ways and Means Thomas – 100% vs. Rangel – 28%. Energy

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Presentation Transcript
slide1

Midyear Meeting 2007

Mike Linn, Chairman

Barry Russell, President

slide2

Sbcmte on Env and

Hazardous Materials:

Gillmor – 83%

vs.

Solis – 28%

Speaker:

Hastert – 100%

vs.

Pelosi – 28%

Resources:

Pombo – 100%

vs.

Rahall – 42%

Ways and Means

Thomas – 100%

vs.

Rangel – 28%

Energy

& Commerce:

Barton – 100%

vs.

Dingell – 28%

Transportation and

Infrastructure:

Young – 100%

vs.

Oberstar – 57%

Political Turnover – House

Control to the Democrats

Control to the Democrats

political turnover senate

Majority

Leader:

Frist - 100%

vs.

Reid – 33%

Appropriations:

Cochran – 100%

vs.

Byrd – 55%

Finance:

Grassley – 100%

vs.

Baucus – 88%

Majority Whip:

McConnell – 100%

vs.

Durbin – 44%

Energy

Domenici – 100%

vs.

Bingaman – 88%

Environment &

Public Works:

Inhofe – 100%

vs.

Boxer – 33%

Political Turnover – Senate

Control to the Democrats

Control to the Democrats

ipaa on guard
IPAA: On Guard
  • Windfall Profits Tax Avoided
  • Intangible Drilling and Development Cost Modifications Avoided
  • It’s Only a Matter of Time
other expected issues
Other Expected Issues

GLOBAL CLIMATE CHANGE

  • Clean burning natural gas should be an important part of any proposal.
  • Do no harm to American oil production.
  • Any proposal should be global.
other expected issues6
Other Expected Issues
  • Air Emissions
  • Oversight and Funding of Federal Permitting Agencies (BLM, MMS)
  • Broader Royalty Reforms
  • Federal Funding of Research and Development
ongoing issues access8
Ongoing Issues - Access
  • Lake Erie, Southern Ontario
  • Red — Gas Pools / Green — Oil Pools
  • 2,000 Wells Drilled since 1913
  • 550 Producing Gas Today
  • Canada Only

U.S.

the new washington
The New Washington
  • Our most feared slide--Now reality
  • Control Changes-Agenda, framing the issues, hearings, oversight, committee make-up and oversight
  • On positive side--vote margins closer than you would think from media accounts
  • Leadership more liberal than group being led
new rules
New Rules
  • PAYGO will have an impact on us
  • Legislative Environment- Price Spike
  • Laying the groundwork in advance
actions and activities
Actions and Activities
  • Mobilize Rapid Response CEO Team to Testify
  • Revitalize Key Man Program
  • Strengthen Grass Roots Network
  • Activate Coops
  • Utilize our PAC
ipaa advocacy efforts
IPAA Advocacy Efforts

THE NEW YORK TIMES

January 13, 2007

Oil Companies Attack Legislation Aimed at Tax Incentives

WASHINGTON, Jan. 12 — The nation’s oil and gas companies, hoping to fend off an attack by Congress on their tax breaks and subsidies, angrily denounced an effort by House Democratic leaders Friday that would repeal billions of dollars worth of incentives and plow the money into renewable energy projects.

“This bill takes capital from U.S. oil and natural gas companies that otherwise would be spent on domestic energy exploration,” said Barry Russell, president of the Independent Petroleum Association of America, which represents about 5,000 smaller oil and gas producers. “If the goal is to lessen our dependence on foreign oil, then this bill falls far short.”

  • Contacted 300 Congressional Offices
  • Met with House Speaker Pelosi’s Staff
  • Provided Materials to Hundreds of Reporters
  • Grassroots Network sent Hundreds of Letters to Capitol Hill
strong points of ipaa
Strong Points of IPAA
  • an award winning staff of professionals, with decades of experience representing our industry 24/7 in Washington, DC
  • a government relations staff, that combines expertisein technically complex areas like FERC, Tax, and Environmental regulations
  • political experienceon both sides of the aisle.
public education and manpower
Public Education and Manpower
  • IPAA Education Center-Houston
    • Establishing Academy for Petroleum Exploration and Technology
    • Facilitating the addition of energy education curriculum in Houston Schools
    • Coordinating field trips/guest speakers
public education and manpower18
Public Education and Manpower
  • National Educational Advocacy Program
  • Targeted Television Ads in Texas
  • Museum Programs-Kilgore, Woodlands, PA
  • Science and Engineering Fair of Houston-28,000 Projects submitted
  • NEED-52,000 Classrooms nationwide
  • World Affairs Council