58 Major O&G Trade Groups Strongly Condemn Manchin-Schumer Bill

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While some companies (ExxonMobil, Occidental Petroleum, Diversified Energy) have sold out in return for corporate favoritism in the Manchin-Schumer so-called Inflation Reduction Act (IRA), which is really just a Big Green giveaway that slaps a huge new methane tax on oil and gas companies, there are some (many) bold and brave companies that are telling Manchin and those who have caved that the “Emperor has no clothes.” This bill is terrible. Among the groups pushing back are (surprisingly) the American Petroleum Institute (API). Also among the bold and the brave are the Pennsylvania Independent Oil & Gas Association (PIOGA) and the Ohio Oil & Gas Association (OOGA). In fact, 58 major oil and gas associations and groups representing thousands of companies sent a letter yesterday to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy outlining their strong opposition to Manchin-Schumer.

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