WATCHING GOVERNMENT: If Democrats win control…

An Oct. 16 letter from Independent Petroleum Association of America Pres. Barry Russell to producers who are not IPAA members did not mince words.“Your business and the entire industry are under attack from antidevelopment groups, federal regulators, policymakers, and the news media!” it began. Then it neatly summarized five ways in which federal laws and regulations affecting US producers could change unless producers speak out.Several possible changes will become likelier if control of the US House or Senate moves to the Democrats in the Nov. 7 elections. So I asked IPAA’s Vice-Pres. of Government Relations Lee O. Fuller for details, starting with a possible reimpositi...

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