Ann: Otto Provides Update on Timetable for Return of Capital, page-33

From November, the post-Election policy wish list from API to Trump. It will be interesting to see how much of it is adopted in coming weeks - I would think quite a bit of it, much of which has direct impact even on the little guys.

https://www.api.org/news-policy-and-issues/news/2024/11/12/api-releases-new-policy-roadmap-for-incoming-administration


API Releases New Policy Roadmap for Incoming Administration and Next Congress to Secure American Energy Leadership and Help Reduce Inflation

The American Petroleum Institute’s 5-point policy roadmap outlines the path forward, including:

Protect consumer choice
• Repeal the Environmental Protection Agency’s (EPA) tailpipe rules.
• Repeal the National Highway Traffic Safety Administration's Corporate Average Fuel Economy (CAFE) standards.
• Deny/Rescind EPA’s Waiver for California’s Advanced Clean Cars II (ACCII) rule.

Bolster America’s geopolitical strength
• Lift the Department of Energy's (DOE) LNG permitting pause.
• Swiftly process all pending export applications now languishing at DOE.
• Ensure the open access of American energy to global markets.

Leverage our natural resources
• Issue a new Bureau of Ocean Energy Management (BOEM) five-year offshore leasing program.
• Repeal restrictive onshore leasing rules, starting with the Bureau of Land Management (BLM) Conservation and Landscape Health Rule.
• End EPA’s methane fee that misinterprets Congressional intent and does little beyond increasing the cost of production for American oil and natural gas.

Reform our permitting system
• Reform the National Environmental Protection Act (NEPA).
• Reform the Clean Water Act.
• Advance judicial reform.
• Repeal the Biden-era NEPA rules.

Advance sensible tax policy
• Retain the 21% corporate tax rate to ensure global competitiveness.
• Maintain and extend tax provisions for domestic infrastructure investment.
• Preserve crucial international tax provisions.