U.S. House Approves Extension of Federal Oil and Gas Permitting Fund
The U.S. House of Representatives has passed the License to Drill Act (H.R. 7831), which aims to extend the Permit Processing Improvement Fund (PPIF) supporting oil and natural gas permitting activities on public lands. This program, crucial for the Bureau of Land Management (BLM) offices, is funded through fees paid by operators seeking drilling permits. The PPIF is set to expire in September unless Congress approves an extension. Industry groups such as the Independent Petroleum Association of America (IPAA) and Western Energy Alliance have expressed support for the bill, highlighting its role in improving permitting efficiency while being fully industry-funded. The program, originally established under the Energy Policy Act of 2005, supports staffing, training, and interagency coordination at high-volume BLM offices in key producing states.