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AAPG Statements on:

Position Statement:

Research and Development Needs in the 21st Century (PDF)

Issue:

Focused research and development can make a significant contribution to sustaining the domestic petroleum industry.

Background:

While a global market establishes the price of crude oil, the costs of exploration, development, and production are influenced strongly by the application of new science and technology.

Statement:

AAPG recognizes the importance of maintaining a strong domestic petroleum industry and supports the need for a continuing effort in research and development to aid in sustaining its economic viability.

Legislation under consideration in 110th Congress.

This list does not itemize each bill introduced, but rather bills that have been passed by Congressional Committees and/or the House of Representatives or Senate.  It is important to note that these legislative efforts may be combined and renamed, and many will never be enacted into law, but they do provide a sense for where Congress is focusing its efforts. These links will be updated regularly by GEO-DC.

H.R. 2272: America COMPETES Act
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.02272:

This bill introduces competitiveness grants for institutions of higher education that can be used to provide upgrades to research facilities and provide tuition assistance and stipends for undergraduate and graduate students. Hydrocarbon systems science includes: (a) petroleum or reservoir engineering, (b) environmental geosciences, (c) petrophysics, (d) geophysics, (e) geochemistry, (f) petroleum geology, (g) ocean engineering, (h) environmental engineering, (i) computer science as it relates to one of these disciplines.

Status:
Passed by Congress; Signed by President; Public Law 110-69
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=110_cong_public_laws&docid=f:publ069.110.pdf

H.R. 2304: Advanced Geothermal Energy Research and Development Act of 2007
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.02304:

The bill includes provisions to strengthen geothermal energy research and development, including the production of geothermal energy from oil and gas fields and geo-pressured resources.

Status:
Passed by Committee and put on House Calendar