Bottom Line: NPGA urges the Biden Administration to support the security and prominence of American energy like propane.
NPGA joined the American Petroleum Institute (API) and other energy associations in a letter to President Joe Biden calling for action to support the production and infrastructure of domestic energy sources like propane. Highlighting rising costs of all fuels coupled with overall inflation and an economy still recovering from the COVID-19 pandemic, the letter emphasized the need for the Biden Administration to reduce regulatory burdens that stifle domestic energy and policies that undermine the core of America’s energy independence.
Further, the crisis in Ukraine is impacting the cost of all fuels in Europe and in the United States. Despite this additional stress, policymakers continue to hinder the oil and natural gas industry’s efforts to increase production and reestablish our nation’s energy independence, stability, and security. The U.S. Energy Information Administration expects that natural gas could provide 34 percent of U.S. primary energy demand in 2050, and the world’s energy use in 2040 will still depend on oil and natural gas. The world needs energy leadership, and the U.S. is positioned to reassume the role.
Questions? Contact NPGA Vice President, Regulatory & Industry Affairs Sarah Reboli.
Related News
USDA Crop Progress Report
April 18, 2024
The U.S. Department of Agriculture (USDA) Crop Report as of April 14, 2024, shows promising developments in corn and soybean planting, crucial info...
RBN Energy Weekly Supply Update
April 18, 2024
U.S. propane inventories had a significant build of 4 MMbbl this week, putting propane inventories at 55.7 MMbbl. Total propane stocks are above th...
PERC Hosts Contest at FFA Convention
April 18, 2024
The Propane Education & Research Council (PERC) recently hosted an exciting contest at the 2023 Future Farmers of America (FFA) Convention. As ...