"One Big, Beautiful Bill" Is a Win for American Energy

President Trump’s “One Big, Beautiful Bill” represents more than just a name; it signifies a victory for independent oil and natural gas producers throughout the nation.  

With key provisions prioritizing domestic energy production, regulatory reform, and commonsense tax policies, this landmark legislation is a clear step forward in restoring American energy dominance. 

CIPA proudly reports that the House Bill included language that strengthened independent producers' ability to deliver reliable, affordable energy to American families and businesses. At a time when global uncertainty and foreign dependence continue to threaten our economy and energy security, this bill brings clarity, confidence, and opportunity to domestic producers. 

What’s in the Bill: 

• Lease Sales Reinstated: The bill reinstates vital oil and gas lease sales on onshore and offshore federal lands. This ensures American producers, not foreign regimes, can meet our growing energy needs. 

• Permitting Reform: Long overdue improvements to the permitting and leasing process will accelerate project approvals and cut bureaucratic red tape, helping producers get to work faster and more efficiently. 

• Tax Protections Maintained: Intangible drilling costs, percentage depletion, and carried interest deductions were preserved. These are key tax provisions that support investment, job creation, and innovation in the independent energy sector. 

CIPA is actively working to ensure that the Senate follows suit and sends this legislation to President Trump for his signature immediately. 

Why This Matters 

This bill is not just about paperwork; it’s about protecting jobs, stabilizing energy prices, and ensuring our communities aren’t at the mercy of foreign powers. By reaffirming support for American energy producers, we move closer to a future where families and small businesses benefit from homegrown, climate-compliant oil produced under the world’s strictest environmental and labor standards. 

Let’s keep up the fight, because California oil is worth protecting.