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POLITICS: Katie Porter preps hot seats for oil and gas execs

Published: Friday, May 7, 2021
Rep. Katie Porter (D-Calif.). Photo credit: Francis Chung/E&E News
Rep. Katie Porter (D-Calif.) at the Capitol in January. Francis Chung/E&E News
Rep. Katie Porter is making good on her promise to ask tough questions of the oil and gas industry in her new role as chair of the House Natural Resources Subcommittee on Oversight and Investigations.
The California Democrat s aggressive pursuit of answers will begin in earnest this month. Yesterday, Porter announced that her first hearing, May 19, will examine the contributions of the oil and gas sector to jobs and the economy.
To that end, she is inviting the CEOs of three oil companies to testify, according to screenshots of three cover letters she posted on Twitter addressed to William Thomas of EOG Resources Inc., Darren Woods of Exxon Mobil Corp. and Richard Muncrief of Devon Energy Corp. ....

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Hearing | Committee Activity | The House Committee on Natural Resources

Time: 12:00 PM
On
Wednesday, April 28, 2021, at 11:00 a.m. (EDT) via the Cisco WebEx online video conferencing platform, and livestreamed on the Committee’s
YouTube pages, the Committee on Natural Resources is scheduled to hold a markup to consider the following bills:
H.R. 443 (Rep. Young), To convey land in Anchorage, Alaska, to the Alaska Native Tribal Health Consortium, and for other purposes.
Alaska Native Tribal Health Consortium Land Transfer Act.
H.R. 1029 (Rep. Steube), To Waive the application fee for any special use permit for veterans special events at war memorials on land administered by the National Park Service in the District of Columbia and its environs, and for other purposes. ....

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Katie Porter Pans Oil And Gas Industry's 'Sweetheart Deals' In New Oversight Role

Katie Porter Pans Oil And Gas Industry's 'Sweetheart Deals' In New Oversight Role
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Katie Porter Pans Oil And Gas Industry's 'Sweetheart Deals' In New Oversight Role

A Democratic firebrand in Congress has a new role overseeing the oil and gas industry. California Rep. Katie Porter is known for her hard-hitting style. In ....

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Rep. Katie Porter Refutes Claim That Oil Industry Doesn't Get Special Tax Breaks

Congresswoman Katie Porter took a fossil fuel industry executive to task for falsely suggesting during a House hearing on Tuesday that oil and gas companies don’t receive special treatment in the U.S. tax code, a claim that the California Democrat quickly refuted while also offering to eliminate the tax breaks.
Asked by Porter to explain how much of his company’s intangible drilling costs is tax deductible, Mark Murphy of Strata Production a New Mexico-based oil and gas exploration company responded that “we get to deduct all of those just like any other business.”
“There seems to be a misconception out there that you’re operating from that somehow the oil and gas industry benefits from some special sort of tax structure,” said Murphy, the president of Strata Production. “We don’t.” ....

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