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RENEWABLE NATURAL GAS MANDATE CREATES GOVERNMENT INTERFERENCE IN THE FREE MARKET

The Domestic Energy Producers Alliance (DEPA) sent the Environmental Protection Agency (EPA) leadership a letter today calling on the Agency to scale back and reconsider entirely the de facto Renewable Natural Gas (RNG) mandate under the federal Renewable Fuel Standard (RFS). The RFS RNG mandate interferes with the free market and unnaturally incentivizes the replacement of geologic natural gas with…

Platts Launches New Benchmark for U.S. Crude

S&P Global Platts announced today the creation of Platts American GulfCoast Select (AGS), a new benchmark which will serve as a more accurate and reliable source for pricing crude oil in America. The Domestic Energy Producers Alliance (DEPA) is a proud member of the AGS Best Practices Task Force Association, in which DEPA chairman Harold Hamm is also serving as…

The Commodity Futures Trading Commission Issues a Strong Advisory Letter to Several of Their Divisions

Read the full letteR “Last month the Domestic Energy Producers Alliance called for the Commodity Futures Trading Commission (CFTC) to swiftly look into the unusual events that took place with respect to WTI crude oil futures on the Chicago Mercantile Exchange (CME). I commend the CFTC for a good first step in issuing this latest advisory that puts all futures…