Wednesday, May 26, 2010

IPAA Responds to Harmful Legislation Amending the Oil Pollution Act of 1990

Staff Contact: Lee Fuller

In response to pending legislation to amend the Oil Pollution Act of 1990 (OPA 90) that would have "profound, negative consequences for independent producers," by raising offshore liability limits to unrealistic levels, IPAA Chairman Bruce Vincent released the following statement Tuesday morning: “On behalf of America's domestic oil and natural gas producers, let me first say that our thoughts go out to the families and communities affected by the tragedy in the Gulf of Mexico.

“The entire industry is dedicated to working together to protect the environment and to contain the damage. Many of our member companies have offered supplies and services; others are directly helping with the clean-up efforts. This is certainly a time when actions speak louder than words.

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