API Welcomes Legislation Ensuring Critical Funding for U.S. Conservation Programs and Protecting U.S. Energy Production

02 Dec API Welcomes Legislation Ensuring Critical Funding for U.S. Conservation Programs and Protecting U.S. Energy Production

WASHINGTON, December 2, 2020 – The American Petroleum Institute today welcomed the introduction of the Conservation Funding Protection Act. The legislation, introduced by Sen. John Kennedy (R-La.), would provide regulatory certainty and protect the permitting process for leases in the Western and Central Gulf of Mexico, ensuring the continued supply of billions of dollars in offshore oil and natural gas revenues to support national conservation programs that benefit all fifty states.

Source: American Petroleum Institute