News

Coronavirus Relief Update

Aindriu Colgan | NSWA Vice President, Governmental Affairs House Democrats and Senate Republicans remain far apart on a promised compromise relief package ahead of the August recess. Early last week, ... Read More ...

Now that half of Oklahoma is officially Indian land, oil industry could face new costs and environmental hurdles

Dino Grandoni | Washington Post Robert Sullivan Jr., an independent Tulsa-based oil producer who once served as Oklahoma’s energy secretary, took comfort in Hunter’s comments. “Oklahoma has been a very ... Read More ...

Coronavirus Relief Update

Aindriu Colgan | NSWA Vice President, Governmental Affairs Coronavirus Relief Update The window for applying for small business loans through the Paycheck Protection Program ended this week. As of the end of ... Read More ...

We’ve been through tough times before

Edward Cross | Kansas Independent Oil & Gas Association As we advance through these challenging times, it has been impressive to me over the last few months, to see how ... Read More ...

House Votes to Expand PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs House Votes to Expand PPP Last week, the House of Representatives voted 417-1 to approve bipartisan expansions to the Paycheck Protection Program ... Read More ...

Forgiveness Application for the Paycheck Protection Program

On Friday, May 15, the SBA released its official application for PPP loan forgiveness. The application has four components with accompanying instructions: Loan Forgiveness Calculation Form PPP Schedule A Schedule A worksheet ... Read More ...

‘Orphaned’ oil wells to squeeze state coffers

Zack Colman | Politico The market bust that is expected to trigger a spate of bankruptcies in the oil patch is threatening to leave states holding a massive bill to ... Read More ...

Lawmakers Press Expansions to PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs Lawmakers Press Expansions to PPP Top Congressional tax writers sent a letter to Treasury Secretary Mnuchin urging his Department to allow businesses to deduct ... Read More ...

Federal Aid Programs Expanded

Aindriu Colgan | NSWA Vice President, Governmental Affairs Federal Aid Programs Expanded Eligibility for two federal aid programs were significantly expanded last week. Yet, despite Treasury Secretary Mnuchin’s insistence that ... Read More ...

Additional Funding for PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs Additional Funding for PPP Last week Congress passed a fourth coronavirus relief bill, dubbed “COVID 3.5,” to replenish the Paycheck Protection Program, which had become ... Read More ...

Tentative Agreement on Additional Funding for PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs Tentative Agreement on Additional Funding for PPP Late Sunday night, lawmakers and the White House came to a tentative agreement on additional funding for ... Read More ...

‘I’m just living a nightmare’: Oil industry braces for devastation

New York Times Workers at Marathon Petroleum’s refinery in Gallup, New Mexico, are turning off the valves. Oil companies in West Texas are paying early termination fees to contract employees ... Read More ...