Ranger Minerals
  • Our Company Who We Are
  • Opportunities Buy or Sell
    • Minerals/Royalties
      • Overview
      • Oil and Gas Royalties: The Complete Guide
      • What Are Mineral Rights? Ownership, Value, Surface Rights, and Key Terms
      • Selling Mineral Rights: A Complete Guide
    • 1031 Exchange
      • Rules & Requirements
      • How To Guides for Different Asset Types
  • Resources Learn More
    • Learn More
      • Frequently Asked Questions
      • Oil & Gas Glossary
      • Industry News
      • Contact Us
    • Guides
      • View All Guides
      • 1031 Exchange
      • Mineral Rights & Royalties
      • How to Find Oil on Your Land: A Practical Guide to Modern Exploration
      • The Ultimate Guide for Oil and Gas Leases
    • News
      • Industry News
      • Company News
      • View All Recent News
  • Contact
  • Free Consultation
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

US oil and gas producers pressure House to pass pivotal permitting bill and get America ‘back on track’

Last updated: December 24, 2024 | Reading Time: 2 minutes
US oil and gas producers

A group of U.S. oil and gas producers is upping the pressure on House Speaker Mike Johnson. It is for him to push through a major permitting reform bill. They are stressing in a letter Wednesday the urgency for the chamber to move swiftly on approving the legislation. They see this as crucial for attracting new investments in domestic oil and gas projects. It will bolster national energy security and breathe new life into other long-stalled energy infrastructure projects.

The letter was by a coalition of U.S. oil and gas groups who represent 80% of domestic fossil fuel production. They stressed the need for House Republicans to swiftly and “immediately” pass the Energy Permitting Reform Act. It is the 2024 bill by Sens. Joe Manchin, I-W.Va., and John Barrasso, R-Wyo. They describe that legislation as crucial to helping expedite actions for producers under the second Trump administration.

Comprehensive Permit

“This bill is merely the first step towards comprehensive permitting reform in this country. We believe that passing the package now, at the end of the 118th, and then earnestly advancing additional National Environmental Policy Act reforms such as those being drafted by Chairman Westerman in the Natural Resources Committee, will ensure that America can get back on track as quickly as possible,” the letter said.

Pressure on Johnson and House Republicans has mounted in recent days as lawmakers prepare for a final sprint before the end of the 118th session of Congress. Some have suggested the bill’s best chances of passage are by paring it with NEPA reform — likely efforts championed by House Natural Resources Committee Chairman Bruce Westerman, R-Ark., which could earn the permitting reform bill more buy-in from House Republicans.

Click here to read the full article
Source: Fox News

—

Do you have any questions or thoughts about the topic US oil and gas producers? Feel free to contact us here or leave a comment below

You might also like
Discover the importance of title research in securing mineral rights and preventing legal issues, disputes, and financial losses in the oil, gas, and mining industries. Securing Mineral Rights and The Role of Title Research
2 US oil & gas companies will merge in a $26bn deal, the latest in a wave of acquisitions designed to buy up the best land for drilling. US oil companies to merge in $26B deal as firms rush to buy up drilling land
According to HTF Market Intelligence, the Global Oil & Gas Infrastructure market is expected to grow from $650B in 2024 to $1,000B by 2032, with a 6% CAGR. Oil and gas infrastructure market expects significant growth per report
Operators in the Permian Basin continued leading the US both in growth and overall production of oil and gas. 2023 saw $103 billion in Permian Basin oil and gas mergers, report says
As per the report from the US EIA, the US claimed the title of the largest global crude oil producer in 2022. Oil and gas pumps market size is projected to grow $10.9B, globally at a 4.7% CAGR by 2028
Shipping through the Strait remains severely disrupted amid repeated attacks and a U.S. naval blockade, keeping oil prices elevated. Hormuz vessel strike puts focus on energy shipping and prices
Major international oil companies are refining their long-term strategies as market conditions and energy demand expectations continue to evolve Oil majors adjust strategy amid shifting energy outlook
Royalty adjustment clauses Royalty adjustment clauses in oil and gas leases

Get project updates and learn more

Sign up for our free email newsletter:

 We respect your email privacy

About Ranger

contact usRanger Land and Minerals is a Dallas, Texas-based acquisitions and mineral rights company with team members having close to 100 years of combined oil and gas royalties industry experience.

Contact Us

Our Partners
We work with the top drilling operators, including:
     

Learn More

Our Associations
We are proud members of the following associations:
         

Learn More

  • Paid Up Oil and Gas Lease: What It Means, How It Works, and What to Watch For
  • How to Get Oil Companies to Drill on Your Land
  • Average Price Per Acre for Mineral Rights: What to Expect and How to Estimate Value
  • How Much Money Can You Make From an Oil Well?
  • How to Find Oil on Your Land

View All Guides

  • Hormuz vessel strike puts focus on energy shipping and prices
  • Texas oil production tax revenue rises 18% in August 2026
  • U.S.–Iran strikes lift oil prices above $90
  • Energy secretary highlights Permian growth during Midland visit
  • Permian could lead U.S. natural gas production by 2030

View All News

Are you interested in buying or selling mineral rights?

Contact us and a representative will be in touch shortly

Contact Us

100 Crescent Court, Suite 700
Dallas, Texas 75201

(469) 310-4970

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn

Contact Us

Our team specializes in the acquisition of mineral rights, royalties, overriding royalty and non-operated working interests. Contact us to learn more about how we can assist you.

Contact Us

Our Company & Services

  • About Us
  • Minerals/Royalties
  • 1031 Exchange
  • Contact Us

Resources

  • Guides
  • FAQ
  • Glossary
  • News
© Copyright Ranger Land and Minerals | Privacy Policy | Disclaimer
Link to: Oil and Gas Industry Regulatory Rollbacks Anticipated Under Trump Link to: Oil and Gas Industry Regulatory Rollbacks Anticipated Under Trump Oil and Gas Industry Regulatory Rollbacks Anticipated Under TrumpOil and Gas Industry Regulatory Rollbacks Link to: The Influence of International Law on Oil and Gas Royalties Link to: The Influence of International Law on Oil and Gas Royalties Influence of International LawThe Influence of International Law on Oil and Gas Royalties
Scroll to top