Edith Naegele, IPAA President and CEO
Impartial Petroleum Affiliation of America (IPPA) mentioned U.S. impartial oil and pure fuel producers proceed to play a central position in home power provide and international markets, whilst they navigate a difficult worth atmosphere.
“America’s impartial oil and pure fuel producers ushered within the shale revolution and have a confirmed report of delivering power securely and competitively,” mentioned IPAA President and CEO Edith Naegele. “America’s impartial producers are dedicated to producing the power that powers American lives and competitiveness.”
Naegele mentioned impartial producers stay the spine of manufacturing communities throughout the U.S., supporting jobs and financial safety, whereas emphasizing the significance of stability as firms make capital allocation choices. “This can be a difficult worth atmosphere for America’s impartial producers,” she mentioned. “Irrespective of the basin, they want stability as they make capital allocation choices.”
She added that as international markets evolve and manufacturing alternatives emerge worldwide, IPAA member firms will proceed to judge prospects to provide oil and pure fuel safely and securely.
