Vic ice President Government Affai fairs We work with our Member - PowerPoint PPT Presentation

Vic ice President Government Affai fairs

We work with our Member Companies to identify, analyze and advocate for legislative and regulatory issues that impact PESA Members and customers at the state and federal levels. We do this by establishing relationships with elected officials and their staff to expand the reach and influence of the services and equipment sector and by maintaining an open and productive dialogue with regulators at relevant government agencies.

• There is no timetable • Tariffs are easier to impose than repeal • Tariffs have a lasting impact: 40,000 steel industry jobs were lost in the five years after the Bush Administration imposed steel tariffs in 2002 • Retaliatory tariffs usually come after, escalation is always likely

Companies with products Four lists detailing listed on the United States 10-25% on hundreds of products included in the Trade Representative’s Chinese goods imported tariffs have been posted tariff list may apply for an to the U.S. so far, may not be the end exclusion.

th Congress th Congress 115 115 th 116 116 th TAX REFORM CLIMATE CHANGE • • Tax Cuts and Jobs Act of 2017 Newly-created House Select Committee on the ➢ ➢ Manufacturing index is at 61.3%, highest in 14 years Climate Crisis can hold hearings, write reports and ➢ Business investment increased at a rate of 8.3% bring public attention to political issues; cannot ➢ Disposable personal income is up 2.9% since last year introduce legislation or issue subpoenas. ➢ Consumer confidence is at a 17-year high Investigations of federal agencies and industry ➢ ➢ REDUCED RED TAPE ACTI TION ON TARIFFS • • Congressional Review Act Legislation to reduce President’s power to levy ➢ ➢ Repealed rule that gave more power to the federal import tariffs ➢ government by diluting local and state input into land Put pressure on Administration ➢ management REINS Act – requires Congressional approval for all ➢ new regulations that cost more than $100 million Increased transparency in rulemaking process, ➢ allowing more input from the people

• Free trade agreement signed by U.S.’s Trump, Canada’s Trudeau and Mexico’s Pe ñ a Nieto in October of 2018 • Only ratified by Mexico’s Senate • USTR Robert Lighthizer provided working group counterproposals in September related to working group concerns LABOR PRESCRIPTION ENVIROMENTAL ENFORCEMENT STANDARDS DRUG PRICES PROTECTIONS MECHANISMS Rep. Jimmy Gomez Rep. Earl Blumenauer Rep. Suzanne Bonamici Rep. Terri Sewell (D-CA) (D-OR) (D-OR) (D-AL) Rep. Mike Thompson Rep. Jan Schakowsky Rep. John Larson Rep. Rosa DeLauro (D-CA) (D-ILL) (D-CT) (D-CT) • Speaker Pelosi and Minority Leader Schumer would like to vote before elections

COLO LORADO SB 181, signed into law ➢ Changes makeup of Colorado Oil and Gas Conservation Commission ➢ Changes permitting practices ➢ Amends current preemption law ➢ Gives local governments land use authority over siting ➢ NEW MEX EXICO Produced a record 250 million barrels of oil in 2018, increase of 46% over 2017 ➢ Governor has plan to provide free college tuition to residents based on budget surplus ➢ provided by oil and gas production in SE NM, Legislature must approve Anti-fracking bill did not pass, but supporters promise to introduce in 2020 ➢ OKLA LAHOMA Oklahoma Corporation Commission working on new guidance for temporary water lines ➢ Budget at record high due to production ➢ Industry cautions state revenue collections are reliant on production ➢ State needs to diversify ➢ Oklahoma rig count stands at 82 down from 140 in January, nationwide count down to 916 ➢ from 1057.

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• JOBS, JOBS, JOBS • Show importance of sector beyond Gulf Coast • Tell story of industry • Build personal connections with legislators